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Casablanca Stock Exchange: Mining Sector Drives 12.9% Surge in Aggregate Net Profits

Listed companies on the Casablanca Stock Exchange delivered strong first-half 2026 results, with aggregate net profits climbing 12.9% to MAD 29.6 billion, according to BMCE Capital Global Research analysis of 72 firms. However, this growth story tells a tale of concentration: mining companies, particularly Managem with its exceptional MAD 3.4 billion contribution, drove virtually all the gains. Strip out the mining sector's stellar performance, and the broader market picture reveals stagnation, highlighting the uneven nature of Morocco's corporate profit recovery.

October 2nd, 2026
4 min read
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Listed companies on the Casablanca Stock Exchange delivered strong first-half 2026 results, with aggregate net profits climbing 12.9% to MAD 29.6 billion, according to BMCE Capital Global Research analysis of 72 firms. However, this growth story tells a tale of concentration: mining companies, particularly Managem with its exceptional MAD 3.4 billion contribution, drove virtually all the gains. Strip out the mining sector's stellar performance, and the broader market picture reveals stagnation, highlighting the uneven nature of Morocco's corporate profit recovery.

Listed companies on the Casablanca Stock Exchange delivered strong first-half 2026 results, with aggregate net profits climbing 12.9% to MAD 29.6 billion, according to BMCE Capital Global Research analysis of 72 firms. However, this growth story tells a tale of concentration: mining companies, particularly Managem with its exceptional MAD 3.4 billion contribution, drove virtually all the gains. Strip out the mining sector's stellar performance, and the broader market picture reveals stagnation, highlighting the uneven nature of Morocco's corporate profit recovery.

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