Casablanca Stock Exchange: Over 401,000 Securities Accounts Registered by the End of 2025
The Moroccan Stock Market Continues Its Growth Momentum
The Moroccan stock market is maintaining its growth momentum. According to data released by the Moroccan Capital Market Authority (AMMC), the number of securities accounts reached 401,169 by the end of 2025, confirming the increasing interest of investors in the national financial market.
Resident individuals remain the primary holders of securities accounts, accounting for 90% of the total. This trend reflects a growing involvement of Moroccan savers in financial placements and stock market investments.
At the same time, the number of active clients of brokerage firms saw a remarkable increase of 142.3%, reaching 35,287 investors by the end of 2025. This evolution reflects a resurgence of activity in the market and heightened participation from investors in trading operations.
Despite this rise of individual investors, the Casablanca Stock Exchange remains dominated by local institutional investors. They account for 64% of the transactions conducted in the market, primarily through Moroccan legal entities and Collective Investment Schemes (CIS).
Conversely, Moroccan individual investors represent 26% of trading activity, while foreign investors maintain a stable presence with 5% of the transactions executed on the Casablanca platform.
In terms of capital ownership, foreign investors and Moroccans residing abroad continue to play a significant role. Their share in market capitalization reaches 21.2%, mainly in the form of strategic stakes in listed companies.
This development confirms the resilience of the Moroccan capital market and its growing attractiveness, while highlighting the central role of institutional investors in energizing the Casablanca Stock Exchange.
