Morocco's equity market finished lower on Monday, with the Moroccan All Shares shedding 1.47% at the close in Casablanca as the Utilities, Banking and Mining sectors accounted for the bulk of the downward pressure.
At the close, the Moroccan All Shares was down 1.47%.
The session's strongest performers on the Moroccan All Shares were:
- Rebab Company (REB) - rose 4.90% (4.90 points) to finish at 104.90.
- Hps (HPS) - gained 3.06% (19.90 points) to close at 670.00.
- Lesieur Cristal (LES) - advanced 2.56% (8.00 points) to end the session at 320.00.
The largest declines during the trading day included:
- Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (STR) - fell 9.98% (20.45 points) to 184.55 at the close.
- Total Maroc SA (TMA) - declined 8.97% (139.00 points) to finish at 1,411.00.
- Zellidja S.A (ZDJ) - dropped 5.63% (18.00 points) to 301.80.
Market breadth on the Casablanca Stock Exchange was tilted to the downside, with 36 stocks falling, 22 rising and 7 remaining unchanged.
Two stocks registered notable 52-week milestones in the session: shares of Hps rose to 52-week highs after the 3.06% gain to 670.00, while Total Maroc SA slipped to 52-week lows following its 8.97% drop to 1,411.00.
Commodities saw significant moves: crude oil for October delivery gained 2.31% (1.93) to trade at $85.33 a barrel. Brent oil for December delivery climbed 5.00% (4.31) to $90.43 a barrel. In contrast, the December Gold Futures contract declined 1.01% (45.96) to $4,483.94 a troy ounce.
Currency pairs involving the Moroccan dirham changed modestly during the session. EUR/MAD rose 0.09% to 10.77, while USD/MAD increased 0.11% to 9.30. The US Dollar Index Futures traded lower by 0.28% at 99.38.
Summary of key session data:
- Index move: Moroccan All Shares -1.47%
- Advance-decline: 36 decliners, 22 advancers, 7 unchanged
- Notable 52-week moves: HPS to highs, TMA to lows
- Commodities: Brent +5.00% to $90.43, WTI (Oct) +2.31% to $85.33, Gold (Dec) -1.01% to $4,483.94
- Currencies: EUR/MAD 10.77 (+0.09%), USD/MAD 9.30 (+0.11%)
No additional commentary or attribution is provided beyond the session facts above.