Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
CFG Bank reported a 66% increase in net profit for the first half of 2025, driven by significant growth in loans and deposits. The bank's consolidated net banking income also rose by 41%.
On Wednesday, the MASI index saw a rebound of 1.85% amid low trading volumes, following a day of risk aversion due to geopolitical tensions. European markets opened higher, buoyed by hopes of an interest rate cut by the Fed.
Allianz Maroc has reached a key milestone in its commitments to the Competition Council by transferring certain sales points to Wafa Assurance. This move aims to address concerns about insurance distribution concentration in specific areas.
The AMMC has granted 4 licenses and 10 mutual fund visas to various management companies in August 2025.
European markets are showing positive trends ahead of key monetary meetings by the ECB and Fed. The CAC 40 remains resilient despite political developments in France.
Gold futures have reached new highs following a weaker US jobs report, fueling expectations of a Fed rate cut. Demand for the precious metal is also supported by geopolitical risks and trade uncertainties.
The Professional Association of Payment Institutions (APEP) has established a new executive office to enhance innovation, financial inclusion, and regulation in the payment sector in Morocco.
European stock markets are showing positive gains, with Paris's CAC 40 up 0.46%. Investors remain optimistic despite the ongoing parliamentary crisis in France.
Mutandis reported a 32% increase in current net income for the first half of 2025, despite a 7% decline in consolidated revenue. The company anticipates stable EBITDA and growth in net income for the upcoming year.
GPC Carton, a leading corrugated packaging manufacturer in Morocco, is on track for a stock market introduction, pending approval from the Moroccan Capital Market Authority. The company holds a significant market share and has shown strong financial performance.
The average deficit in bank liquidity has decreased, while Bank Al-Maghrib's 7-day advances have increased. Treasury placements have declined, and the weighted average rate remains stable.
In Q2-2025, real estate prices fell by 0.2%, with a notable 10.8% drop in transaction numbers. Residential property sales decreased by 15.1%, while land sales rose by 6%.