Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
The Moroccan monetary market remains stable as Bank Al-Maghrib continues to inject liquidity, with interbank rates aligning with the central bank's benchmark. Treasury surplus placements have also seen significant growth.
The Casablanca Stock Exchange witnessed a mixed week, with the MASI index experiencing a correction following a strong start to the year. Meanwhile, mining stocks surged due to rising metal prices, and Risma announced a capital increase of 450 million MAD to support its growth initiatives.
Recent data reveals that five dams in Morocco have achieved a full capacity of 100%. Nationally, total water reserves exceed 8 billion cubic meters, reflecting a gradual improvement in water levels despite regional disparities.
On January 19, 2026, gold prices surged to new heights following President Trump's announcement of a 10% tariff on goods from eight European nations, effective February 1. This move has intensified geopolitical tensions and prompted urgent discussions among European leaders regarding potential retaliatory measures.
The International Monetary Fund has upgraded its global growth forecast to 3.3% for 2026, driven by a strong labor market, sustained investment, and rapid advancements in technology, particularly artificial intelligence. However, risks remain, including potential market corrections and geopolitical tensions.
European stock markets are poised for a downturn as U.S. investors remain absent due to a public holiday. Key inflation data from the Eurozone will be the primary focus for the day.
The integration of private equity and public markets is reshaping Morocco's financial landscape, with significant growth in fundraising and IPO activity anticipated in the coming years. This trend reflects a broader shift towards enhanced governance and liquidity for companies preparing for public offerings.
Initial indicators suggest a slight downturn for European stock markets, with the CAC 40 expected to open lower. Futures contracts point to declines across major indices in Frankfurt, London, and the Eurozone.
CIH Capital Management highlights a shift towards value stocks in 2026, driven by political influences and a robust domestic economy. The firm anticipates favorable macroeconomic conditions, with a focus on selective international allocations.
Al Mada has appointed Noufissa Kessar as the new CEO, succeeding the late Hassan Ouriagli. Kessar's extensive experience within the group positions her to drive innovation and sustainable growth.
The Moroccan automotive market achieved a historic milestone in 2025, with sales soaring to 235,372 vehicles, marking a 33.43% increase from the previous year. This growth was driven by strong demand across both passenger and light commercial vehicle segments.
The World Bank anticipates a 4.4% growth rate for Morocco in 2026, driven by significant reforms and improved agricultural conditions. The report highlights a gradual reduction in public deficits and a recovery in external balances.