Stocks Market
Dari Couspate Reports Strong Half-Year Growth Amid Challenging Market Conditions
Despite a tough macroeconomic environment, Dari Couspate posted a 2.9% rise in Q2 2019 revenue, reaching 135.4 million dirhams, and delivered solid growth throughout the first half of the year, while global tech sell‑offs and other regional news shaped market sentiment.
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Despite a challenging macroeconomic backdrop, Dari Couspate delivered a robust performance in the first half of 2019. In the second quarter alone, the company recorded a turnover of 135.4 million dirhams, up 2.9% year‑over‑year.
For the entire first semester, revenue reached approximately 1,764 million dirhams, underscoring a steady growth trajectory.
Other notable market developments include a global tech sell‑off that dragged European indices lower, a 10% decline in Seoul and a 3.5% drop in Tokyo, and heightened attention on Iran‑US negotiations.
Additional headlines feature the Casablanca Stock Exchange renewing its RSE label with CGEM, Bank Al‑Maghrib launching its third economic research prize, the Bank of England keeping its policy rate at 3.75%, and the treasury placing 1.9 billion dirhams of excess cash.