Moroccan equities closed lower on Friday, weighed down by declines in the Utilities, Banking and Mining sectors. At the Casablanca close, the Moroccan All Shares index fell 1.69%.
Market leadership was mixed across individual names. The session's top performers on the Moroccan All Shares were Lesieur Cristal (CSE:LES), which gained 2.83% or 11.00 points to finish at 400.00; Miniere Touissit (CSE:CMT), up 2.06% or 99.00 points to close at 4,900.00; and Risma (CSE:RIS), which advanced 1.94% or 7.00 points to 367.00 at the close.
On the downside, Marocaine Ste de Therapeutique SA (CSE:SOT) was the weakest name of the session, sliding 5.87% or 106.00 points to end at 1,700.00. Delta Holding S.A (CSE:DHO) declined 4.67% or 2.99 points to 61.00, and Micro Data SA (CSE:MIC) fell 4.23% or 32.90 points to finish at 745.00.
Breadth at the Casablanca Stock Exchange was tilted toward sellers: falling stocks outnumbered advancing ones by 47 to 7, with 7 issues unchanged at the close.
Commodities saw modest intraday moves. Crude oil for June delivery slipped 0.44% or 0.42 to $95.43 a barrel, while Brent oil for June delivery rose 0.50% or 0.53 to $105.60 a barrel. Precious metals also ticked higher, with the June Gold Futures contract up 0.37% or 17.34 to trade at $4,741.34 a troy ounce.
In currency trading, EUR/MAD was effectively flat, changing 0.02% to 10.83, and USD/MAD rose 0.14% to 9.27. The US Dollar Index Futures moved down 0.13% to 98.47.
These closing levels reflect the day's net positioning in Moroccan equities alongside modest moves in global commodity and FX markets. The market's decline was broad-based, with selling concentrated in key domestic sectors that include utilities, banking and mining.
Below are the market highlights and contextual moves from the session.
- Index move: Moroccan All Shares -1.69% at close.
- Top gainers: Lesieur Cristal (CSE:LES) +2.83% to 400.00; Miniere Touissit (CSE:CMT) +2.06% to 4,900.00; Risma (CSE:RIS) +1.94% to 367.00.
- Top decliners: Marocaine Ste de Therapeutique SA (CSE:SOT) -5.87% to 1,700.00; Delta Holding S.A (CSE:DHO) -4.67% to 61.00; Micro Data SA (CSE:MIC) -4.23% to 745.00.
- Breadth: 47 decliners, 7 advancers, 7 unchanged.
- Commodities & FX: June crude -0.44% to $95.43; Brent June +0.50% to $105.60; June gold +0.37% to $4,741.34/oz; EUR/MAD 10.83; USD/MAD 9.27; US Dollar Index Futures 98.47.