Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
Morocco's economic growth experienced a notable slowdown in the third quarter of 2025, with the secondary sector's value added decreasing significantly. Despite a rise in primary sector activity, overall GDP growth fell to 4% from 5% in the previous year.
Morocco's public works sector is evolving, with ALEQ positioning itself as a leader in delivering complex infrastructure projects. The company's focus on operational excellence and financial discipline is crucial as the nation prepares for major events like CAN 2025 and the 2030 World Cup.
Maydane REIM has successfully completed Morocco's inaugural bond issuance for an OPCI, raising 500 million dirhams through a private placement. This milestone enhances financing mechanisms for institutional real estate investment in the country.
Moroccan healthcare group Akdital has officially rebranded the Abdul Rahman Al Mishari Hospital in Riyadh, marking a significant step in its international expansion strategy, particularly in the Middle East.
On December 31, 2025, the Moroccan Treasury successfully raised 3.1 billion dirhams through short-term bond maturities, reflecting strong market demand. This issuance included various rates across different maturities.
CMGP Group has secured a contract worth 345.5 million MAD for the construction of a modern irrigation network in the Saïss region, aimed at enhancing agricultural resilience and water resource management. This initiative aligns with Morocco's national strategy for sustainable agricultural development.
CFG Bank has successfully issued MAD 500 million in subordinated bonds, fully allocated to a fixed-rate tranche, enhancing its regulatory capital and solvency ratio. The issuance was approved by the Moroccan Capital Market Authority on December 12, 2025.
In November 2025, the Producer Price Index (PPI) for the manufacturing sector increased by 0.3%, driven by notable price hikes in the chemical industry and other sectors, despite declines in metallurgy and textiles.
The Nikkei index concluded 2025 with a remarkable 28% increase, driven by Japan's robust economic recovery, strong corporate earnings, and easing global trade tensions. These factors outweighed concerns over the gradual normalization of the Bank of Japan's monetary policy amid persistent cost pressures and higher-than-expected inflation.
As of December 30, 2025, Morocco's banking sector reports ongoing expansion in credit, reflecting a robust financial environment. This trend underscores the resilience of the Moroccan economy amidst global challenges.
The WTI crude oil market has rebounded above $57, driven by geopolitical factors and macroeconomic developments. Investors are closely monitoring Middle Eastern tensions and peace negotiations in Ukraine.
The bond market is experiencing a resurgence as investor confidence returns, signaling a potential shift in financial dynamics. This week's analysis highlights key trends and developments.