STRATEGY

key rate: what are investors forecasting?

Discover investors’ expectations for the key rate ahead of Bank Al-Maghrib’s December 2025 meeting.

RESEARCH PAPER EQUITY

Attijariwafa bank posts strong results in 2025

Attijariwafa Bank reports solid results as of September 2025, with growth in NBI, improved assets, and an increase in consolidated net income.

listed companies morocco

Listed companies: strengthened momentum in Q3-2025

In Q3-2025, listed companies saw accelerated revenue growth, led by the construction sector, with record results for Attijariwafa Bank and CIH Bank.

IPO SGTM

IPO SGTM: A robust investment opportunity

Discover why the SGTM IPO offers strong potential, supported by a favorable environment and a promising growth dynamic.

Maroc telecom

Maroc Telecom : a rebalancing between investment and dividend

Maroc Telecom shows stable prospects with an attractive yield, despite increased investment efforts and a revised target price of MAD 110.

equity risk premium

Upward adjustment of the equity risk premium

Discover the key findings of the 25th edition of the risk premium study, based on three complementary approaches: historical, forward-looking, and survey-based.

AGR Confidence Index

AGR Confidence Index: slight adjustment in market optimism levels

Discover the October 2025 results of the AGR Confidence Index and the evolution of investor sentiment on the Moroccan market.

listed companies morocco

Listed companies confirm their financial strength

H1 2025: Moroccan listed companies report rising profits, strong profitability, and a resilient market, driven by the banking and cement sectors despite a mixed economic context.

TotalEnergies

TotalEnergies Maroc: entering a new growth cycle

TotalEnergies Maroc is entering a new growth cycle, driven by economic recovery, network expansion, improved profitability, and a projected stock market upside of +32% over the next 12 months.