
Gold Falls Below $4,000 as Fed Cut Bets Fade
Federal Reserve officials have shown caution regarding further monetary easing, impacting gold prices. Market expectations for a rate cut in December have decreased significantly.
Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.

Federal Reserve officials have shown caution regarding further monetary easing, impacting gold prices. Market expectations for a rate cut in December have decreased significantly.

The scoring system, ranging from 0 to 100, evaluates the quality of momentum by combining investor participation with key technical signals.

Risma plans to raise up to 450 million dirhams through a capital increase, with a subsequent potential increase of 50 million dirhams. The general assembly will decide on these measures on December 4.

Nasser Seddiqi of the AMMC highlighted Morocco's experience in ESG transparency and the importance of regional cooperation for harmonizing reporting frameworks during a panel at WASFIF 2025.

Mutandis reported a 7% decline in revenue to 1.49 billion dirhams by the end of September 2025, impacted by industrial incidents and unfavorable exchange rates. The hygiene segment remained stable, while the beverage sector faced significant challenges.

The IFC's Director-General highlighted the need for private sector involvement in African economies facing multiple challenges. The organization plans to increase equity investments to enhance local solvency and attract institutional investors.

In the third quarter, SRM reported an 18.7% revenue increase to 84.96 million dirhams, driven by strong performance in machinery and energy sectors. EBITDA also showed significant improvement.

The Casablanca Stock Exchange experienced a significant surge on Monday following a UN Security Council vote in favor of Morocco. The Masi index rose by 2% to 20,029 points, driven by widespread gains across major sectors.

Cash Plus aims to finance its development through a new operation, anticipating significant growth in net banking income and net profit for 2025. The subscription period is set for late November.

The Casablanca Stock Exchange saw the MASI index rise by 0.46%, closing at 19,636.52, marking a weekly gain of nearly 1%. The construction sector showed strong performance, contributing to the overall market activity.

The Moroccan Capital Market Authority (AMMC) is set to release its approval for Cashplus's IPO on October 31, 2025. Details regarding the subscription price, schedule, and share distribution will follow.

The banking liquidity deficit has increased as Bank Al-Maghrib's 7-day advances decreased. Meanwhile, Treasury placements rose, and the average weighted rate stabilized.