Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
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.
Risma is poised for significant growth, targeting 28 hotels by 2030 through strategic acquisitions and new developments. The company is also enhancing its brand portfolio to meet evolving tourist demands while focusing on asset renovation and sustainability.
The MASI index achieved a remarkable 27% increase in 2025, marking its best performance in nearly a decade. Looking ahead, analysts anticipate continued growth in 2026, driven by key economic catalysts and sector-specific opportunities.
The Moroccan stock market is poised for a transformative year in 2026, following a remarkable performance in 2025. Key economic indicators suggest a shift towards a more selective investment landscape, influenced by both internal growth drivers and external uncertainties.
The Moroccan Treasury has successfully raised 4.1 billion dirhams in its January auction, with strong demand for short to medium-term bonds. As of now, total issuances for the month stand at 7.5 billion dirhams, highlighting ongoing investor interest amidst potential supply pressures.
In light of HPS's robust performance in Q3 2025, BKGR has increased its price target to 705 DH while reaffirming its buy recommendation. The company is on track to achieve its annual goals, supported by a record backlog and a strategic transition to a SaaS model.
The year 2025 proved tumultuous for Akdital's stock, which experienced significant volatility following a strong IPO performance. A detailed examination reveals the market's struggle to digest risks amid fluctuating investor sentiment and regulatory uncertainties.
The Casablanca Stock Exchange's benchmark index rose by 27.57% in 2025, surpassing 1 trillion dirhams in market capitalization for the first time. Attijariwafa Bank leads the market, while other key players like Maroc Telecom and Managem also report significant gains.
In November 2025, Bank Al-Maghrib reported a liquidity need of 128.9 billion dirhams, with average weekly liquidity injections at 142.5 billion dirhams. The interbank transaction volume decreased by 4.7% compared to the previous month.
The end of the lock-up period for Akdital's core shareholders has raised questions in the market about their intentions. CEO Rochdi Talib reassures investors about the company's growth prospects and financial stability.
The Moroccan banking system shows robust fundamentals, supported by a favorable macroeconomic environment. Recent data highlights significant growth in deposits and loans, alongside improved profitability and solvency.
The Committee for Coordination and Monitoring of Systemic Risks held its twenty-second meeting to assess financial stability and approve a new roadmap aimed at strengthening the national financial stability framework.