Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
Markets are anticipating a 25 basis point reduction in Fed funds, with expectations of a cumulative easing of about 67 basis points by year-end. Geopolitical developments and industrial demand are tightening the physical silver market.
European markets are expected to open with slight fluctuations as investors await the Federal Reserve's decision on interest rates.
Morocco's industrial production saw a significant increase of 7% in the second quarter, driven by growth in various sectors, particularly chemicals and automotive. However, some sectors experienced declines.
Attijariwafa bank reports a 0.9% increase in credit volume for the first half of 2025, with expectations for further growth driven by major projects and investments in sub-Saharan Africa. BKGR raises its price target amid strong financial performance.
Marsa Maroc has announced the tender for the development of the East Container Terminal at Nador West Med, with a submission deadline of October 7, 2025. The project aims to enhance container handling capacity significantly.
Bond managers in Morocco are shifting towards equities, with nearly 2% of their assets now in stocks, driven by the search for better yields. This trend reflects a significant change in management practices.
A transaction exceeding 3 billion dirhams involving LafargeHolcim Morocco shares has been completed, representing about 7% of the company's capital. This move is linked to the sale of shares by the Islamic Development Bank.
Stellantis has acquired a majority stake in AXA Credit through its subsidiary Fidis S.p.A., establishing a partnership with AXA Assurance Maroc for insurance distribution. This move aims to enhance customer loyalty and support business ambitions in Morocco.
The scoring system measures momentum quality by combining investor participation with key technical signals. This week highlights CFG Bank, RDS, and Marsa Maroc as top performers.
European stock markets are showing positive trends as investors remain unfazed by France's recent credit rating downgrade. Key indices are all experiencing gains this morning.
International financial markets are buoyant as the MSCI World Index continues to rise, driven by expectations of imminent interest rate cuts by the Federal Reserve. Meanwhile, the Casablanca market experiences its first weekly decline after eleven weeks of gains.
The Treasury General Directorate reports a budget deficit of 54.1 billion dirhams due to negative balances in special accounts and autonomous state services. Revenue increased significantly, while expenditures also rose.