
European Stocks Slightly Rise, Earnings Remain a Concern
European stocks saw modest gains, driven by positive performances from SAP and Kering, while concerns about earnings persist across various sectors.
Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.

European stocks saw modest gains, driven by positive performances from SAP and Kering, while concerns about earnings persist across various sectors.

The Cosumar Group has launched its 2025/2026 sugar campaign, highlighting significant production increases and a commitment to agricultural sustainability. The campaign aims to enhance food sovereignty in Morocco.

Nadia Fettah outlined the government's commitment to the "Emerging Morocco" project, focusing on economic consolidation, integrated territorial development, social state pillars, and public finance balance in the PLF 2026.

King Mohammed VI chaired a Council of Ministers meeting in Rabat, focusing on the 2026 Finance Bill and appointing Tarik Senhaji as head of the Moroccan Capital Market Authority (AMMC).

Docline secures funding to enhance its expansion in Morocco and strengthen its international presence, particularly in Francophone Africa. The company aims to become a leading player in digital health across Africa and Europe.

An empirical study reveals that the MASI index is increasingly sensitive to emotions and external shocks, yet maintains a remarkable equilibrium capacity. The Moroccan market reacts quickly to news but does so asymmetrically.

Investor confidence in the Casablanca Stock Exchange has slightly declined, primarily due to changing perceptions among foreign investors. Local investors, however, remain resilient despite international uncertainties.

CMGP has acquired CPCM, enhancing its agricultural segment and diversifying into water treatment and industrial chemicals. The group also plans to increase its stake in Agrosem, which is experiencing significant growth.

The Casablanca stock market's profitability increased by 48.2% in the first half of 2025, driven by strong performances in telecommunications and banking sectors. A recent survey reveals a positive market sentiment despite some sector weaknesses.

August 2025 marked a record month for tourism revenues in Morocco, reaching 19.1 billion MAD, a 13% increase from the previous year. The total number of tourists for the first eight months of the year rose to 13.5 million, reflecting a strong growth trend.

The profit pool of listed companies in Morocco surged by over 52% in the first half of 2025, driven primarily by Maroc Telecom and the banking sector. Overall revenue reached 169.3 billion dirhams, reflecting significant contributions from various sectors.

In the first half of 2025, CTM reported a total investment of 89 million dirhams, primarily for fleet renewal. The group's net income remained stable at 12 million dirhams, while social net income rose to 45 million dirhams.