MASI falls 0.53% as Label’Vie-Retail Holding merger leads Casablanca news
The MASI fell 0.53% to 18,850.91 points on May 11, after a weekly gain of 0.16% from May 4 to May 8, while the MASI 20 dropped 0.93% to 1,371.13 and the MASI Mid and Small Cap index slipped 0.16% to 1,981.34, according to market data and an analyst note dated May 8. The day’s decline contrasted with a 6.1% jump in the SMI on 11.9 million dirhams of turnover, with miners outperforming a weaker main market, according to an analyst report dated May 11. In corporate news, Label’Vie is set to be absorbed by Retail Holding in a strategic merger project aimed at creating a listed retail heavyweight, according to Finances News Hebdo, H24info and LesEco.ma. On earnings, Mutandis reported about $42.3 million in consolidated revenue for the first quarter of 2026, down 6% without promotional activity in the United States, according to Financial Afrik, Boursenews and L’Economiste. Akdital also extended its partnership with Accreditation Canada to 14 facilities, while Sothema detailed its decision to split its shares by 5, according to Le Desk and Medias24.
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Mutandis targets Enosis at MAD1.7 bln as MASI closes up 0.57%
The MASI rose 0.57% to 18,811.95 points on Sept. 8, while the MASI 20 added 0.57% to 1,357.83, the MASI ESG gained 0.73% to 1,397.05 and the MASI Mid and Small Cap edged up 0.24% to 1,809.7. Mutandis led corporate news by seeking to take control of Enosis, valued at MAD1.7 billion, after a first half marked by higher revenue but lower profitability, according to Boursenews, L'Economiste, lematin.ma and Le Desk. Akdital received approval to open its first hospital in Riyadh, marking its entry into Saudi Arabia, telegraphe.ma and InfoMagazine Maroc reported. The sector backdrop stayed mixed, with a BKGR portfolio down in August on weaker industrial stocks according to LesEco.ma, while construction fell 7% and Managem drew MAD55.3 million in a near-flat market, according to Infomédiaire and a Sept. 8 analyst note.
AKDITAL organise un Job Day à Casablanca - dreamjob.ma
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