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Morocco Stock Market.

Compare CSE listed companies, trading hours, settlement and how to invest in Morocco stocks through mystocks.africa.

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Regulated Framework

mystocks.africa holds South African regulatory permissions under FSCA licence FSP 52040 (via TanFox Pty Ltd). Orders are executed by licensed broker-dealer partners in each local market.

Direct Market Nodes

Direct API bridges to the Casablanca Stock Exchange dealing rooms via licensed broker-dealer partners across the region.

Modern Settlement

Unified liquidity nodes allowing instant funding and settlement via international wire or blockchain stablecoins.

Featured Morocco Listings.

Primary liquidity drivers currently active on our regional trading terminal.

Attijariwafa Bank SA

Attijariwafa Bank SA

ATW.MA

Maroc Telecom SA

Maroc Telecom SA

IAM.MA

Banque Centrale Populaire SA

Banque Centrale Populaire SA

BCP.MA

Holcim Maroc S.A

Holcim Maroc S.A

LHM.MA

TAQA Morocco SA

TAQA Morocco SA

TQM.MA

Managem SA

Managem SA

MNG.MA

Morocco market at a glance

Main exchange

Casablanca Stock Exchange (CSE)

Regulator

Autorite Marocaine du Marche des Capitaux (AMMC)

Trading currency

MAD

Trading hours

09:30 - 15:30 Africa/Casablanca (UTC+1)

Settlement cycle

T+2

Listed companies

75+

Established

1929

Financial centre

Casablanca

CSE exchange hub Global investor guide

Unlocking the Morocco Opportunity

Morocco Capital Markets: Investor Overview

Morocco is served by the Casablanca Stock Exchange (CSE), established in 1929 and headquartered in Casablanca. The exchange lists 75+ companies spanning sectors including Banking, Telecommunications, Materials. Trading operates 09:30 - 15:30 Africa/Casablanca (UTC+1) on a T+2 settlement cycle, regulated by Autorite Marocaine du Marche des Capitaux (AMMC).

Market Architecture & Economic Depth

Morocco is one of North Africa's most developed capital markets, anchored by banking, telecoms, industrials, infrastructure, mining, and consumer companies. The Casablanca Stock Exchange provides regional exposure to Moroccan blue chips and growth companies trading in Moroccan dirham.

The Morocco stock market serves as a primary vehicle for regional capital formation. By facilitating domestic and international investment into the Casablanca Stock Exchange, the economy continues to modernise its financial infrastructure, providing transparent pricing and robust liquidity for both primary issuances and secondary market trading.

International investors accessing Morocco equities through MyStocks.Africa benefit from USD-denominated settlement, eliminating direct MAD currency exposure. All orders are executed through regulated local dealing members and settled through the CSE's official central securities depository (CSD).

Primary Exchange

CSE

Trading Hub

Casablanca

Settlement Cycle

T+2

Key Sectors on the CSE

The Casablanca Stock Exchange spans multiple industries, each representing distinct exposure to Morocco's economic growth drivers. Below are the primary sectors accessible to international investors via the mystocks.africa terminal.

Banking

ATW.MA · BCP.MA

2 listed companies

Telecommunications

IAM.MA

1 listed company

Materials

LHM.MA

1 listed company

Utilities

TQM.MA

1 listed company

Mining

MNG.MA

1 listed company

Top Rated Equities in Morocco

Attijariwafa Bank SA

ATW.MABanking

Morocco's largest banking group, with regional operations across North, West, and Central Africa.

Maroc Telecom SA

IAM.MATelecommunications

Morocco's leading telecommunications operator, providing fixed-line, mobile, internet, and enterprise connectivity services.

Banque Centrale Populaire SA

BCP.MABanking

A major Moroccan banking group serving retail, SME, corporate, and diaspora customers.

Holcim Maroc S.A

LHM.MAMaterials

A leading Moroccan cement and construction materials producer.

TAQA Morocco SA

TQM.MAUtilities

A major independent power producer supplying electricity generation capacity to Morocco.

Managem SA

MNG.MAMining

A Moroccan mining group with operations across precious metals, base metals, and minerals.

Investment Risk Disclosure

Investing in Morocco equities involves currency risk, liquidity risk, and emerging market volatility. The MAD exchange rate fluctuates and may affect the USD value of your holdings. All capital is at risk. Review our Risk Disclosure before investing.

Frequently Asked Questions

What stocks can I buy on the Casablanca Stock Exchange?
The Casablanca Stock Exchange lists Moroccan companies including Attijariwafa Bank (ATW.MA), Maroc Telecom (IAM.MA), Banque Centrale Populaire (BCP.MA), Holcim Maroc (LHM.MA), TAQA Morocco (TQM.MA), Managem (MNG.MA), Marsa Maroc (MSA.MA), Ciments du Maroc (CMA.MA), Cosumar (CSR.MA), and Akdital (AKT.MA).
What are Casablanca Stock Exchange trading hours?
The Casablanca Stock Exchange operates Monday to Friday on Morocco time, with continuous equity trading during the local market session. Orders placed outside market hours are queued for the next available session.
What currency do Moroccan stocks trade in?
Moroccan equities trade in Moroccan dirham (MAD). MyStocks.Africa can present positions in USD while maintaining the underlying local-market currency for execution and reporting.
Who regulates the Moroccan stock market?
Morocco's capital market is regulated by the Autorite Marocaine du Marche des Capitaux (AMMC), with trading on the Casablanca Stock Exchange and settlement infrastructure handled locally.
Do Moroccan stock tickers end in .MA?
Yes. MyStocks.Africa stores Moroccan listed-equity symbols using the .MA suffix, for example ATW.MA for Attijariwafa Bank and IAM.MA for Maroc Telecom.

Risks of investing in Morocco

  • Currency (FX) risk. Morocco shares trade in MAD. Your USD return moves with both the share price and the MAD-to-USD exchange rate, which can help or hurt performance.
  • Liquidity risk. Some CSE-listed stocks trade thinly, so large orders can move the price and exits may take time. Frontier and emerging markets can be more volatile than developed ones.
  • Dividends & withholding tax. Dividends may be subject to local withholding tax, which varies by country and any double-taxation treaty. Net dividends are converted to USD and credited to your account. Consult a tax adviser for your situation.

Market FAQ

Register on mystocks.africa, complete KYC online, and fund your USD account. You can then buy CSE-listed stocks directly — no local broker, MAD bank account, or in-country presence required. Orders route to licensed local dealing members and settle on a T+2 cycle.

Morocco stocks trade in MAD. On mystocks.africa you fund and hold in US dollars; conversion to MAD happens at the live spot rate only when your order executes.

Yes. Dividends declared on CSE-listed shares you hold are processed, converted to USD (net of any local withholding tax) and credited to your account automatically.

The Casablanca Stock Exchange (CSE) is regulated by Autorite Marocaine du Marche des Capitaux (AMMC). mystocks.africa holds South African regulatory permissions under FSCA licence FSP 52040 and executes via licensed local dealing members.

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Capital at risk

Investing involves risk, including the possible loss of capital. The value of investments can go down as well as up, and past performance is not a reliable indicator of future results. This page is general information, not financial advice — consider your circumstances or consult a licensed adviser before investing. mystocks.africa holds South African regulatory permissions under FSCA licence FSP 52040 (via TanFox Pty Ltd); local execution is handled by licensed broker-dealer partners in each market. See our risk disclosure and editorial policy.

Reviewed by the mystocks.africa Markets Desk.