A new wave of family-owned businesses is reshaping Morocco’s financial landscape as they increasingly turn to the Casablanca Stock Exchange to secure growth and ensure succession. The latest example is SGTM, a heavyweight in Morocco’s construction sector, which is preparing a landmark initial public offering (IPO) scheduled for December 16, Jeune Afrique reported in a […]
Tag: Casablanca Stock Exchange
Private investors drive growth of Casablanca stock exchange
The second quarter of 2025 marks a turning point for Morocco’s capital market, as the Casablanca Stock Exchange posts its strongest liquidity and depth levels in years, powered by a notable comeback of retail investors, alongside robust activity from mutual funds and a more predictable macroeconomic environment. After years of institutional dominance, the market structure […]
Casablanca Stock Exchange enters growth phase driven by IPO activity, investor returns
The Casablanca Stock Exchange has entered a sustained growth phase fueled by consecutive initial public offerings and renewed trading activity. Financial markets expert Farid Mezouar attributes this acceleration largely to private equity fund exit strategies and investor appetite for expanding companies with elevated valuations. Seven companies have joined the exchange since 2020, with 2025 continuing […]
SGTM’s IPO set to become second largest in Casablanca stock exchange history
Moroccan construction leader SGTM has received approval from the AMMC to launch an initial public offering (IPO) on the Casablanca Stock Exchange, aiming to raise 5.04 billion dirhams ($545 million). This makes SGTM’s listing the second-largest IPO in the history of the Moroccan bourse, underscoring the growing depth of the local capital market. The subscription […]
Morocco’s healthcare sector emerges as prime investment opportunity
Morocco’s healthcare sector has undergone remarkable transformation over five years, evolving from a marginal player to one of the most promising segments on the Casablanca Stock Exchange, driven by regulatory reforms and unprecedented public investment. The “Health 2025” plan, backed by 24 billion dirhams with 14 billion allocated to hospitals alone, marks a decisive break […]
CASABLANCA STOCK EXCHANGE SURPASSES ONE TRILLION DIRHAM MILESTONE
The Casablanca Stock Exchange achieved a historic milestone last week, crossing the one trillion dirham market capitalization threshold for the first time, confirming the Moroccan financial market’s growing maturity and investor confidence. The benchmark MASI index advanced 1.30 percent during the week, breaking through the psychological 19,000-point barrier. This achievement reflects sustained market consolidation driven […]
Casablanca Stock Exchange reports record oversubscription for Vicenne’s IPO
The initial public offering (IPO) of Vicenne, a leading Moroccan medical equipment company, broke a new record on the Casablanca Stock Exchange with an IPO that was oversubscribed 64 times. The offering attracted over 32 billion dirhams in demand by investors for shares worth just 500 million dirhams, resulting in an unprecedented oversubscription. Vicenne offered […]
Moroccan stock exchange, Mauritania’s central bank team up to set up stock market in Nouakchott
Mauritania’s central bank has picked Casablanca stock exchange as a partner to help it set up the country’s first stock market in Nouakchott. This breakthrough agreement is in line with the momentum ushered by King Mohammed VI and president Mohamed Ould El-Ghazouani in favor of promoting cooperation between the two countries. The opening of Mauritania’s […]
Casablanca stock exchange nears historic record following benchmark rate cut
Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]
Morocco’s CFG Bank seeks Casablanca listing
CFG Bank, one of the smallest banks in Morocco, plans to issue an initial public offering at the Casablanca stock exchange. The decision was made by the bank’s general assembly with the aim to raise 600 million dirhams through a capital increase at the stock exchange. CFG will issue new shares with a par value […]