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Casablanca Stock Exchange: First Half Growth Concentrated in Three Key Sectors
Listed companies on the Casablanca Stock Exchange generated MAD 192.4 billion in revenues during the first half of the year, marking a 10.8% increase. However, M.S.IN's analysis reveals that this growth is highly concentrated, with nearly 70% of the increase driven by just three sectors: mining, insurance, and oil & gas. The mining sector alone saw revenues surge by 149.8%, largely thanks to Managem's exceptional performance. While the second quarter showed accelerated growth at 15%, the banking sector lagged with only 1.5% growth, and domestic market-focused companies displayed mixed results.