Official trading holidays and session hours for the Casablanca Stock Exchange. Plan your trades around Moroccan public holidays, Ramadan adjustments, and BAM policy meetings.
| Phase | Time (WAT) | Notes |
|---|---|---|
| Pre-opening | 09:00 – 09:30 | Orders collected, no execution |
| Opening auction | 09:30 | Opening price set |
| Continuous session | 09:30 – 15:20 | Live order matching |
| Closing auction | 15:20 – 15:30 | Closing price set |
| After-hours | 15:30+ | Reporting only, no execution |
The Bourse de Casablanca is closed on all Moroccan national holidays. Islamic holidays follow the lunar calendar — exact dates may shift by one day depending on moon sighting.
During Ramadan (approximately 1–30 March 2025), the Bourse de Casablanca typically shortens its session. In recent years the exchange has run approximately 09:00 to 13:30 WAT during Ramadan. The official schedule will be confirmed by the exchange and updated here when announced.
BAM holds quarterly Board meetings to review the key rate. These are major market-moving events for the MASI and MAD exchange rates.
| Meeting | Approx. Date | Current Rate |
|---|---|---|
| Q1 2025 | March 2025 | 2.75% |
| Q2 2025 | June 2025 | TBC |
| Q3 2025 | September 2025 | TBC |
| Q4 2025 | December 2025 | TBC |
Trades on the Casablanca Stock Exchange settle T+2 — two business days after execution. Settlement is handled by Maroclear. Weekends and public holidays do not count as business days.