Casablanca Stock Exchange Soars as Mining Stocks Hit Record Highs

The Casablanca Stock Exchange closed its 2025 fiscal year on a strong note, with the overall market capitalization reaching 987 billion dirhams. Mining stocks led the charge, hitting historic highs, driven by investor optimism fueled by potential Middle East ceasefire talks and improved oil prices. Managem, a major mining company, surged 9.99% to a new record, reflecting solid 2025 results and ambitious 2030 goals. This positive momentum, coupled with a 38.2% increase in corporate profits, fueled a 2.29% gain for the MASI index, though it remains down annually.

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