Moroccan equities finished the trading day lower on Friday, with losses concentrated in the Utilities, Banking and Mining sectors pressuring the overall market.
At the close on the Casablanca exchange, the Moroccan All Shares index registered a 0.15% decline.
The session's top performers included Auto Hall (CSE:ATH), which advanced 2.85% - a rise of 2.05 points - to settle at 73.90. Banque Centrale Populaire (CSE:BCP) also ended higher, adding 2.82% or 7.05 points to close at 257.05. Mining name Miniere Touissit (CSE:CMT) rose 2.67%, gaining 113.00 points to finish at 4,341.00 in late trade.
On the downside, Lesieur Cristal (CSE:LES) led decliners with a 6.33% drop, falling 25.00 points to a close of 370.00. Involys (CSE:INV) decreased 4.56%, or 6.50 points, to end the session at 136.00, while CDM (CSE:CDM) slipped 2.36%, down 24.00 points to 994.00.
Market breadth on the Casablanca Stock Exchange showed more stocks falling than rising, with 30 issues closing lower, 23 advancing and 9 remaining unchanged.
Commodities saw notable moves during the session. Crude oil for August delivery fell 4.53% - a decline of 3.26 - settling at $68.66 per barrel. Brent crude for September delivery dropped 4.57%, or $3.45, to $72.05 a barrel. In contrast, the August gold futures contract gained 1.19%, up $48.27, to trade at $4,095.87 per troy ounce.
Foreign exchange rates involving the Moroccan dirham also moved: the euro rose 0.12% versus the dirham to 10.69 (EUR/MAD), while the dollar weakened 0.21% against the dirham to 9.39 (USD/MAD).
Meanwhile, the US Dollar Index Futures was quoted down 0.16% at 101.03 at the time referenced in market data for the session.
Summary of notable movements:
- Index: Moroccan All Shares -0.15% at close
- Top gainers: Auto Hall (ATH) +2.85%; BCP +2.82%; Miniere Touissit (CMT) +2.67%
- Top decliners: Lesieur Cristal (LES) -6.33%; Involys (INV) -4.56%; CDM -2.36%
- Commodities: WTI crude (Aug) -4.53% to $68.66; Brent (Sep) -4.57% to $72.05; Gold (Aug futures) +1.19% to $4,095.87
- FX: EUR/MAD +0.12% to 10.69; USD/MAD -0.21% to 9.39
- Dollar Index Futures: down 0.16% at 101.03
The session highlighted mixed performances among major names while broader sector weakness in utilities, banking and mining contributed to the modest slide in the benchmark index. Market participants tracked both commodity price moves and local currency fluctuations alongside equity trades.