Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
The Moroccan Capital Market Authority (AMMC) held a training seminar on crypto-assets regulation and blockchain analysis from December 8 to 11, 2025, in Rabat, featuring participation from various national institutions.
Fundraising in the capital markets reached over 97 billion dirhams by the end of October 2025, with significant contributions from negotiable debt securities and bond issuances.
The Federal Reserve is anticipated to lower interest rates in December amid signs of a rapidly cooling labor market. Market participants will closely monitor updated projections and the Fed's dot plot for 2026.
On December 9, the Treasury did not raise any funds despite a total demand of 4.39 billion MAD across various maturities. This decision comes ahead of BAM's upcoming monetary policy meeting on December 16.
The Federal Reserve has indicated a potential rate cut in 2026, with borrowing costs at their lowest since 2022. The committee remains divided on the decision.
The USD/MAD pair saw a 0.58% increase in November, while the EUR/MAD pair slightly declined by 0.13%. This reflects a stable exchange rate environment amid external economic fundamentals.
Over 173,000 subscribers participated in SGTM's IPO, setting a record for the Casablanca Stock Exchange. This marks a significant milestone for the company and its investors.
Three Moroccan construction groups, TGCC, SGTM, and Jet Contractors, have been shortlisted for the LGV Kénitra–Marrakech project, which includes major infrastructure developments.
European markets are expected to open slightly lower as traders await the Federal Reserve's decision. The likelihood of a rate cut is being closely monitored.
As of the end of 2024, foreign investors held 24.1% of the total market capitalization on the Casablanca Stock Exchange, with significant growth in foreign investments noted.
Gold prices have surged as U.S. employment data and inflation align with expectations, fueling calls for further easing from the Federal Reserve. Traders are anticipating a rate cut and updated economic projections.
Younès Benjelloun emphasizes the significant economic contributions of IPOs in Morocco, noting nearly 10 billion dirhams raised over seven years. He counters skepticism about the stock market's relevance to the real economy.