Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
February concluded with a monthly decline of 2.82%, marking the second consecutive month of downturn. As quarterly earnings reports flood the market, investors face heightened uncertainty due to escalating geopolitical tensions.
The MASI index opened significantly lower, declining by 3.03% to 17,591.48 points, marking a notable technical breakdown. Despite the overall downturn, certain mining stocks showed resilience amidst the selling pressure.
The recent surge in WTI prices is attributed to escalating military actions following U.S.-Israeli strikes on Iran, raising global energy supply stability concerns. Brent crude also saw significant gains amid heightened geopolitical risks.
European stock markets experienced declines on March 2, 2026, as geopolitical tensions in the Middle East weighed heavily on investor sentiment. Key indices across major cities fell significantly, with defense and energy sectors showing resilience.
Gold prices have soared to $5,400 per ounce following recent U.S.-Israeli strikes on Iran, which resulted in the death of Supreme Leader Ali Khamenei. This escalation has heightened regional tensions and disrupted maritime traffic in the strategically vital Gulf region.
In a strategic meeting, OPEC+ has agreed to raise oil production by 206,000 barrels per day, surpassing prior expectations. However, analysts warn that geopolitical tensions may continue to drive prices higher.
Rising tensions between the United States and Iran are poised to significantly influence global markets, particularly in the oil sector, currency fluctuations, and investor sentiment in the Middle East. Analysts predict potential price surges and increased volatility across various asset classes.
As of December 31, 2025, Alliances Group achieved a consolidated revenue of 2.432 billion MAD, marking a 3% increase from the previous year. The company also reported a significant reduction in net debt and a robust order backlog.
In a video address, President Trump outlined a significant military operation against Iran, emphasizing the destruction of its missile capabilities and urging the Iranian people to seize their chance for freedom. He warned of potential American casualties while asserting that Iran must not acquire nuclear weapons.
Iran, a major oil producer, faces significant challenges due to U.S. sanctions and potential military strikes, which could disrupt global oil supply and elevate prices. The strategic Strait of Hormuz remains a critical chokepoint for oil transport.
In 2025, SBM experienced a robust revenue increase driven by tourism and strong brand performance, culminating in a total revenue of 3,082 MDH. The company is poised for continued growth in 2026, focusing on sustainable development and innovation.
In January 2026, the production price index experienced a 0.3% increase, driven primarily by rising prices in various industrial sectors. Notably, the food industry and machinery manufacturing saw significant price hikes.