Stock market: fall in the key interest rate on the Casablanca Stock Exchange : Orishas-finance

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Stock market: fall in the key interest rate on the Casablanca Stock Exchange

20/03/2025

Source : ORISHAS FINANCE

Categories: Index/Markets

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Stock market: fall in the key interest rate on the Casablanca Stock Exchange

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Bank Al-Maghrib announced on Wednesday a cut in the key rate on the Casablanca Stock Exchange. The stock market is thus close to its all-time high

The fall in the key interest rate should lead to a fall in bond rates, thus offering more favourable conditions for financing the economy. All eyes are now on the adjudication Treasury bill session scheduled for Wednesday. The market expects a further significant drop in returns, supported by the financial well-being of the Kingdom's Treasurer. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams.

According to Bank Al-Maghrib projections, the budget deficit is expected to rise from 4.1% of GDP in 2024 to 3.9% in 2025, then to 3.6% in 2025, then to 3.6% in 2026.

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