Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
A recent analysis reveals significant performance disparities among IPOs, with some stocks soaring while others decline. Notable gains and losses highlight the varying profiles of issuers and market conditions.
Three Moroccan construction groups, TGCC, SGTM, and Jet Contractors, have been shortlisted for the LGV Kénitra–Marrakech project, which includes major infrastructure developments.
OCP Green Energy has officially launched the first phase of its solar investment program, totaling 202 MWp, marking a significant step in its decarbonization strategy. The project involves three strategic sites and aims for carbon neutrality by 2040.
Jet Contractors reports a consolidated revenue of 2.31 billion MAD for the first half of 2025, marking a 9.8% increase compared to the previous year. The company’s order book has also grown significantly, reaching 11 billion MAD.
The Casablanca Stock Exchange experienced a significant surge on Monday following a UN Security Council vote in favor of Morocco. The Masi index rose by 2% to 20,029 points, driven by widespread gains across major sectors.
The Casablanca Stock Exchange saw the MASI index rise by 0.46%, closing at 19,636.52, marking a weekly gain of nearly 1%. The construction sector showed strong performance, contributing to the overall market activity.
Four new stocks will replace Managem, Mutandis, CIH Bank, and HPS in the MASI 20 index, enhancing its representation of the market. The MASI 20 serves as a benchmark for investors.
In the first half of 2025, Jet Contractors reported a significant production increase of nearly 21% compared to the same period in 2024, with a consolidated net profit rise of 38%. The company is focusing on sustainable growth through diversification and innovation.
The Casablanca Stock Exchange experienced significant losses on September 29, 2025, influenced by weekend protests across the kingdom. The MASI index fell by 1.88%, reflecting heightened risk aversion among investors.
Jet Contractors reported a consolidated revenue of 1.52 billion MAD for the first half of 2025, marking a 10.38% increase compared to the previous year. The company continues to expand its operations and strengthen its market position.
Jet Contractors has secured significant contracts, including airport terminal expansions and highway projects, boosting its order book to nearly 9 billion dirhams. The stock surged by 10% following investor interest.
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Jet Contractors has been awarded a significant contract by the National Airports Office (ONDA) for the expansion and renovation of Marrakech-Menara Airport's terminal facilities.