Stock Markets January 27, 2026

Casablanca Benchmark Advances 1.26% as Banking, Beverage and Transport Stocks Lift Market

Moroccan All Shares closes higher with broad gains; select miners and travel names lead advances while select industrials retreat

By Sofia Navarro
Casablanca Benchmark Advances 1.26% as Banking, Beverage and Transport Stocks Lift Market

Moroccan equities closed higher on Tuesday, with the Moroccan All Shares index rising 1.26% at the Casablanca close. Gains concentrated in Banking, Beverage and Transport names pushed the market upward, while a handful of stocks in industrial and services segments registered the session's largest declines. Commodity and currency moves accompanied the equity gains.

Key Points

  • Moroccan All Shares rose 1.26% at the Casablanca close, driven by gains in Banking, Beverage and Transport sectors.
  • Top gainers included Miniere Touissit (CSE:CMT) +9.96%, CTM (CSE:CTM) +6.71% and Cartier Saada (CSE:CRS) +4.92%; largest decliners were CDM (CSE:CDM) -6.12%, M2M Group (CSE:M2M) -3.43% and IB Maroc Com SA (CSE:IBC) -2.90%.
  • Commodities and FX showed mixed moves: Brent and WTI crude rose, gold futures fell, EUR/MAD strengthened and USD/MAD weakened; the U.S. Dollar Index Futures traded lower at 96.18.

Moroccan equities finished the trading session in Casablanca on Tuesday with a firm advance, as the Moroccan All Shares climbed 1.26% by the close.

Sector-level strength was led by Banking, Beverage and Transport issues, which collectively supported the broader index move. The session produced a clear leadership group among individual names: Miniere Touissit (CSE:CMT) recorded the largest percentage gain, jumping 9.96% - an increase of 237.00 points - to close at 2,616.00. CTM (CSE:CTM) also posted a notable rise of 6.71%, or 57.00 points, ending the day at 907.00. Cartier Saada (CSE:CRS) was up 4.92%, adding 1.50 points to finish at 32.00.

Not all stocks participated in the advance. The weakest performers on the Moroccan All Shares included CDM (CSE:CDM), which fell 6.12% - a decline of 66.00 points - to close at 1,013.00. M2M Group (CSE:M2M) dropped 3.43%, or 16.00 points, to 450.00, while IB Maroc Com SA (CSE:IBC) slipped 2.90%, losing 2.00 points to end at 67.00.

Market breadth favored advancing issues, with 34 names rising versus 20 decliners on the Casablanca Stock Exchange; seven stocks finished unchanged.

Activity in commodity markets accompanied the equity gains. Crude oil for March delivery rose 1.20%, or $0.73, to settle at $61.36 a barrel. Brent crude for April delivery gained 1.03%, up $0.67 to $65.44 a barrel. In contrast, the April Gold Futures contract moved lower, decreasing 0.45% or $23.20 to trade at $5,099.10 a troy ounce.

Currency markets recorded modest moves against the Moroccan dirham. The euro strengthened 0.26% versus the dirham to 10.80 EUR/MAD, while the U.S. dollar weakened 0.19% to 9.06 USD/MAD. The U.S. Dollar Index Futures finished down 0.70% at 96.18.


Contextual note: The market snapshot reflects day-end prices and percentage changes reported at the Casablanca close on Tuesday.

Risks

  • Commodity price volatility - crude oil and gold moved during the session, introducing potential volatility for energy-linked and commodity-sensitive sectors.
  • Sector-specific weakness - notable declines in CDM, M2M Group and IB Maroc Com SA indicate idiosyncratic downside risk within industrials and services segments.
  • Currency fluctuations - movements in EUR/MAD and USD/MAD could affect earnings and cash flow for companies with foreign currency exposures.

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