Casablanca stock exchange weekly summary (July 1-5)
Market overview
MASI performance: The MASI index gained 0.5%, closing at 13,367.73 points.
Sector movements:
Declines: Pharmaceutical sector (-4.22%), "Leisure & Services Industry" (-2.86%),...
Spotlight on “Investour Group”: Six decades of achievements…
Since its founding in 1964 by Mohamed Aziz Cherif Alami, Investour Group has adapted to market fluctuations while maintaining its core values of service...
Autoroutes Du Maroc reports over 1 billion dirhams profit for 2023
Société Nationale des Autoroutes du Maroc (ADM) has announced a net profit exceeding 1.06 billion dirhams for the year 2023.
ADM’s annual net result, significantly...
Veolia sells stake in Lydec to “Société Régionale Multiservices Casa-Settat”
Veolia has reached an agreement with Moroccan authorities to sell its stake in Lydec to the Société Régionale Multiservices Casablanca-Settat. This sale, expected to...
Casablanca welcomes SinaStone’s innovative natural stone facility
SinaStone has announced the inauguration of its new natural stone factory and showroom in Casablanca. This milestone event, held on July 5 at the...
Essaouira hosts first regional edition of “Huawei Seeds for the Future” program
Essaouira is hosting the first regional edition of the "Huawei Seeds for the Future" program until July 10, welcoming 150 young talents from over...
Attijari Global Research adjusts USD/MAD forecasts upward
Attijari Global Research (AGR) has raised its forecast for the USD/MAD currency pair in its "Weekly Mad Insights – Currencies" note for the period...
La Voie Express denies rumors of sale and affirms strategic growth plans
La Voie Express (LVE) has released an official statement strongly denying persistent rumors about a potential sale of the group to a local industrial...
Bank of Africa: BMCE Group proposes new independent board member
The Board of Directors of Bank of Africa – BMCE Group convened on Friday, June 28, 2024, to discuss key strategic initiatives. During this...
Investour Group launches bold ‘Cap 2030’ strategy at 60th anniversary
Investour Group, a leading Moroccan company in tourism, hospitality, transport, and logistics, has unveiled its ambitious "Cap 2030" strategic plan during its 60th-anniversary celebration...