Casablanca stocks finished the trading session lower on Wednesday, with the Moroccan All Shares index slipping 0.93% at the close. Sector weakness in Utilities, Banking and Mining contributed to the downward move, and decliners substantially outnumbered advancers on the Casablanca Stock Exchange.
At the close, Ste Nationale de Siderurgie SA (SID) was the best-performing stock on the index, rising 3.06% to finish at 1,989.00. Colorado (COL) gained 2.44% to close at 79.90, while Ciments Du Maroc (CMA) added 1.16% to end the session at 1,650.00.
On the downside, Sanlam Maroc SA (SAH) led losses, dropping 5.57% to 2,814.00 at the bell. SMI declined 4.77% to 5,966.00 and Miniere Touissit (CMT) fell 4.11% to 4,600.00.
Market breadth was tilted to the downside: 41 stocks fell, 12 advanced and 8 remained unchanged on the exchange.
Commodities moved markedly during the session. US crude oil for August delivery climbed 7.44% to $75.68 a barrel, while Brent for September delivery rose 7.75% to $79.91 a barrel. By contrast, the August Gold Futures contract lost 2.58%, trading at $4,050.30 per troy ounce at the close.
Currency pairs affecting Moroccan market participants also shifted: EUR/MAD fell 0.10% to 10.68 and USD/MAD rose 0.13% to 9.37. The US Dollar Index Futures was up 0.14%, at 100.92.
The session's price action shows a combination of domestic sector weakness and external commodity and currency volatility. Mining names and banking-related stocks were among the heaviest decliners, while select industrial and construction-related names outperformed.
Investors monitored both individual stock moves and broader macro inputs: rising crude and Brent prices contrasted with weaker gold futures and a firmer US dollar, all factors that can influence sector returns differently across the Moroccan market.
Overall, the close reflected a market where losses were more common than gains and where commodity and FX swings accompanied the session's equity moves.