Foreign investors concentrated nearly two-thirds of their activity in Morocco’s stock market on four sectors in 2024, led by banking, real estate, distribution and telecom, the Capital Markets Authority said.
Banks accounted for 31.2% of foreign-traded volume, followed by real estate and building materials at 13.3%, distribution at 11.6%, and telecom at 9.8%.
Foreign trading in banking stocks rose to 2.5 billion dirhams in 2024, up from 2.1 billion in 2023. Real estate and building materials saw a sharper jump from 392 million to 1.1 billion dirhams.
Total foreign turnover reached 8 billion dirhams, or 4.5% of annual volume across the central and block markets.
Institutional investors dominated foreign activity, with European investors accounting for 46% of the total, followed by African investors at 44%.