Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
The MASI index achieved a remarkable 27% increase in 2025, marking its best performance in nearly a decade. Looking ahead, analysts anticipate continued growth in 2026, driven by key economic catalysts and sector-specific opportunities.
The surge in gold prices above $4,000 per ounce in 2025 signaled a significant shift in the monetary landscape, while silver's remarkable 140% annual increase highlighted its rising importance as both an industrial and financial asset. Mining companies like Managem and SMI have seen substantial stock price adjustments reflecting these changes.
In its latest monetary statistics bulletin, Bank Al-Maghrib reveals an 8.3% rise in the money supply for November, driven by increased net claims on the central government and a surge in bank credit to the non-financial sector.
The bond market is experiencing a resurgence as investor confidence returns, signaling a potential shift in financial dynamics. This week's analysis highlights key trends and developments.
In November 2025, Bank Al-Maghrib reported a liquidity need of 128.9 billion dirhams, with average weekly liquidity injections at 142.5 billion dirhams. The interbank transaction volume decreased by 4.7% compared to the previous month.
Silver has surged to historic highs, while gold remains near record levels. Copper shows resilience, driven by long-term economic transformations.
The BCP Group has acquired full ownership of ABI, enhancing its control over a major pan-African financial platform. This move aligns with BCP's strategy to strengthen its presence in Africa and support regional economic development.
The Moroccan banking system shows robust fundamentals, supported by a favorable macroeconomic environment. Recent data highlights significant growth in deposits and loans, alongside improved profitability and solvency.
The U.S. economy showed solid growth in Q3, with GDP rising faster than in the previous period. Gold prices surged due to geopolitical tensions and strong central bank purchases.
M.S.IN has maintained its "Hold" recommendation for Attijariwafa Bank while upgrading BCP to "Buy." The analysis highlights growth prospects and dividend expectations for both banks.
Gold prices have surged to a record high of $4,400 per ounce, driven by expectations of interest rate cuts by the Federal Reserve and strong central bank purchases.
Bank credit to private non-financial companies shows a modest annual increase of 1.4%, with significant variations across sectors. Household credit also rises, driven by housing and consumer loans.