Casablanca Stock Exchange: Mazy Index loses 10.37% since the beginning of 2026

The general index of the Casablanca Stock Exchange, known as "Mazi", has fallen by 10.37% since the beginning of 2026, at the end of a trading session on Tuesday, October 6, to close at 16,892 points, after exceeding the threshold of 17,450 points down. The drop brings the index back to levels not seen since March 2026. Tuesday session: General losses in the market in Tuesday session alone, the Mazi index lost 1.56%, in trades of AED 349 million in the central market. The session witnessed a decline of 54 values on the stock exchange, compared to Only 10 values high and 4 more stable. Commercial Wafa Bank topped the trading volume with 44 million dirhams, ending the session 0.59% lower at 670 dirhams per share. TGCC came in second with a trading volume of 33.6 million dirhams, closing stable at 640 dirhams. As for Marsa Al Maghrib, its shares traded at a value of 31 million dirhams, ending the session down 1.18% at 755 dirhams, while the share of Akdital fell by 4.72% to 1.010 dirhams, with trades amounting to 25 million dirhams. Most traded values in a session Tuesday, October 6, 2026 Company Trading volume (million dirhams) Closing price (dirhams) Commercial change Wafa Bank 44 670 -0.59% TGCC 33.6 640 Stable Marsa Al Maghrib 31 755 -1.18% Akdital 25 1.010 -4.72% Reasons for decline According to market interveners, the recent sessions were characterized by a wave of sales by investment funds seeking to stabilize part of their previously achieved profits. These interlocutors also place international geopolitical tensions and their effects on energy markets among the factors weighing on market. What does this pullback mean? This decline comes after a year that saw strong profits for companies listed on the Casablanca Stock Exchange amounting to billions of dirhams, bringing the current correction of the index back to pre-March 2026 levels, and erasing part of the gains accumulated during the past months. The development of the market in the coming weeks depends on the continuation of the profit-taking wave, the course of international geopolitical tensions and their impact on energy and raw materials prices.