Moroccan Market Outlook 2026: Banks, Miners and Insurers Power Profit Surge, BKGR Predicts
Expert Summary
BMCE Capital Global Research (BKGR) foresees a solid earnings expansion for Moroccan listed companies in 2026, led by banks, mining groups and insurers. The research house expects the Scope 40 net profit after tax to climb 9.7% to MAD 49.7 bn in 2026 and another 7.3% in 2027, with mining alone accounting for almost half of the profit growth.
BMCE Capital Global Research (BKGR) foresees a solid earnings expansion for Moroccan listed companies in 2026, led by banks, mining groups and insurers. The research house expects the Scope 40 net profit after tax to climb 9.7% to MAD 49.7 bn in 2026 and another 7.3% in 2027, with mining alone accounting for almost half of the profit growth.
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