Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
CMGP Group continues its targeted external growth strategy in 2025 with significant acquisitions, enhancing its market position and operational margins. CFG Bank projects strong growth potential for the company.
The Casablanca Stock Exchange reported significant demand for SGTM's IPO, with 171 billion dirhams requested for 4.8 billion offered, indicating strong investor interest.
Bank Al-Maghrib has decided to maintain its key interest rate at 2.25%, citing ongoing economic uncertainties and a need for careful monitoring of the situation. The bank also highlighted positive trends in non-agricultural activities and job market recovery.
Bank Al-Maghrib forecasts a 5% economic growth in 2025, followed by a consolidation at 4.5% for 2026 and 2027. Inflation is projected to remain low, averaging 0.8% in 2025.
The budget deficit for Morocco reached 68.8 billion dirhams by the end of November 2025, influenced by increased revenues and expenditures. Special Treasury accounts contributed positively to the overall financial situation.
Marsa Maroc has acquired a 45% stake in Boluda Corporacion Maritima, enhancing maritime links between Morocco and Spain. This strategic partnership aims to boost Moroccan exports and strengthen the company's international presence.
A recent survey indicates that 73% of investors anticipate no change in the BAM's interest rate during the upcoming monetary policy meeting. The survey included over 35 influential Moroccan and foreign investors.
The USD/MAD pair has depreciated due to a negative basket effect and liquidity conditions. Spreads are expected to continue tightening in the coming weeks.
Gold prices have surged over 60% this year, driven by central bank purchases and increased demand for safe-haven assets. The Federal Reserve's recent rate cut has sparked debate among policymakers regarding future easing.
The production index in the manufacturing sector increased by 2.2% in Q3-2025, driven by significant gains in various industries, particularly food and automotive. However, tobacco product manufacturing saw a notable decline.
Ilyas El Harti discusses Akdital's performance and expansion plans, highlighting a projected revenue of over 4 billion dirhams for 2025 and the opening of new facilities. The company is also advancing its international strategy with a focus on existing hospitals.
Cash Plus has attracted nearly 80,000 subscribers during its IPO, leading to a market capitalization close to 8 billion dirhams. The company's strong fundamentals and growth prospects appeal to investors.