Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
The Moroccan Treasury successfully raised 7 billion dirhams through various bond maturities, with rates ranging from 1.95% to 2.606%. The settlement of the subscribed bonds is scheduled for next Monday.
During the ASFIM annual conference, Khalid Safir announced that CDG will delegate 15 billion dirhams to mutual fund managers to enhance investment performance and diversify the Moroccan capital market.
As of September 2025, capital fundraising in Morocco has surpassed 83 billion dirhams, driven by negotiable debt securities and bond issuances. September alone saw capital raises of 6.677 billion dirhams.
European stock markets are anticipated to open higher, with positive signals from futures contracts. The CAC 40 in Paris is projected to gain 0.34% at the opening.
In late October, Quantum Capital Gestion received its initial fund approvals from the AMMC, marking a significant milestone for the independent management firm led by Majid Bennis.
The real estate group Résidences Dar Saada (RDS) has been provisionally selected for a housing project in Marrakech aimed at relocating families from unsanitary areas. This adds to their robust order book following a significant social housing program in Casablanca.
The U.S. Senate passed a bill to fund the federal government until January, with the House expected to approve it soon. European investors await key economic data amid a holiday that may reduce trading volume.
Morocco is establishing a regulatory framework for crypto-assets to protect its financial system and consumers. The new law, developed with international support, aims to create a transparent environment for innovation while ensuring compliance with anti-money laundering standards.
BMCE Capital Global Research has endorsed the IPO of Cash Plus, highlighting its strong business model and growth prospects. The company aims to enhance financial inclusion in Morocco through its diverse services.
Analysts at BKGR have slightly raised their target price for Cosumar, anticipating a strategic transformation that could enhance growth and valuation through synergies. The company is exploring new opportunities for diversification and innovation.
Investor optimism is rising due to reduced fears over U.S. budget tensions and the overvaluation of AI tech stocks. Key corporate developments include China's export exemptions for Nexperia chips and Pfizer's acquisition of Metsera.
Groupe Alliances and Rixos Hotels have announced a strategic partnership aimed at enhancing luxury hospitality services. This collaboration is expected to elevate guest experiences across their properties.