During 2022, the Casablanca Stock Exchange continued to suffer from the effects of the health crisis and the inflationary context. The Masi fell by 19.75% at the end of the year. Stock exchange expert Farid Mezouar has deciphered the causes of this fall and the prospects for the future.

The Casablanca Stock Exchange ended 2022 in the red in a context of high inflation. The main index of the market, the Masi, fell (-19.75%). As for market capitalization, it amounted to 561.103 billion dirhams, a loss of 129.613 billion dirhams compared to 2021.

According to Farid Mezouar, director of FL Markets and stock market specialist, this poor performance of the Casablanca stock market in 2022 is mainly due to a sense of mistrust among investors who have been influenced by stock market news Serious international, despite the increase in revenues of listed companies (+14% at the end of September) and their profits (+15.8% at the end of June 2022).

Indeed, for Farid “theoretically, 2023 should be profitable for the markets because, apart from a new Black Swan, all the bad news is known. Thus, investors should gradually absorb the good news.” According to this stock market expert, the annual results of companies, which are positive for the majority of listed companies, in addition to the projections of a return to growth for the Moroccan economy this year, should also stimulate prices on the Casablanca Stock Exchange, according to Farid Mezouar.