Moroccan equities ended the trading day in Casablanca on a down note Friday, with the Moroccan All Shares index falling 1.74% to a new one-month low. Sector-level weakness in Utilities, Banking and Mining contributed to the slide.
Top performers
The session's strongest stocks on the Moroccan All Shares included Involys (CSE:INV), which advanced 3.45% - adding 5.00 points to finish at 150.00. Auto Hall (CSE:ATH) also climbed, gaining 2.37% or 1.69 points to close at 72.90. Aluminum du Maroc SA (CSE:ALM) rose 1.39%, an increase of 26.00 points, to end the day at 1,896.00.
Largest decliners
On the downside, SMI (CSE:SMI) recorded the heaviest loss, tumbling 9.99% - a drop of 1,178.00 points - to settle at 10,612.00. Miniere Touissit (CSE:CMT) declined 9.98% or 519.00 points to finish at 4,680.00, while Managem (CSE:MNG) fell 8.50%, losing 1,300.00 points to close at 14,000.00.
Market breadth favored decliners: 46 stocks slipped against 11 advancers on the Casablanca Stock Exchange, and 2 issues ended unchanged.
One notable technical detail in the session was Auto Hall (CSE:ATH) moving to 52-week lows even as the share price rose 2.37% or 1.69 to 72.90 by the close.
Commodities and currencies
Commodity markets showed mixed results during the period reported. Crude oil for June delivery rose 3.22%, or $3.26, to trade at $104.43 per barrel. Brent crude for July delivery increased 2.85%, or $3.01, reaching $108.73 per barrel. By contrast, the June Gold Futures contract fell 2.61%, a decline of $122.50, to trade at $4,562.80 per troy ounce.
Foreign exchange crosses involving the Moroccan dirham were relatively stable. The euro to dirham rate (EUR/MAD) was effectively unchanged, moving 0.04% to 10.74, while the U.S. dollar to dirham (USD/MAD) rose 0.52% to 9.23.
The U.S. Dollar Index Futures were up 0.42%, quoted at 99.14 at the time of reporting.
Data points and performance figures reflect session-end values for the instruments and securities cited.