Casablanca equities finished the session in negative territory on Thursday, with the Moroccan All Shares index losing 1.53% at the close. Market weakness was concentrated in the Utilities, Banking and Mining sectors, which were the primary contributors to the downward move.
On the winners' list among constituents of the Moroccan All Shares, Sanlam Maroc SA (CSE:SAH) posted the largest gain, rising 2.89% or 61.00 points to close at 2,173.00. Taqa Morocco SA (CSE:TQM) followed, adding 2.23% or 40.00 points to finish at 1,835.00, and Med Paper (CSE:MDP) was up 0.60% or 0.15 points to end the day at 24.95.
At the other end of the spectrum, SMI (CSE:SMI) registered the steepest loss, sliding 7.85% or 491.00 points to close at 5,760.00. Delta Holding S.A (CSE:DHO) declined 5.81% or 3.40 points to finish at 55.10, while Miniere Touissit (CSE:CMT) fell 4.69% or 150.00 points to 3,050.00.
Market breadth was tilted toward declines, with 43 stocks falling, 10 advancing and 6 ending unchanged on the Casablanca Stock Exchange.
Commodities traded with mixed signals during the session. Crude oil for May delivery rose 2.39% or 2.28 to $97.74 a barrel, and Brent oil for May delivery climbed 2.24% or 2.40 to $109.78 a barrel. By contrast, the April Gold Futures contract dropped 5.91% or 289.36 to trade at $4,606.84 a troy ounce.
In currency markets, EUR/MAD slipped 0.18% to 10.79 and USD/MAD fell 0.22% to 9.37. The US Dollar Index Futures was down 0.44% at 99.43.
The session's data highlights a market environment where sector-specific selling pressured the benchmark and broader indicators in commodities and FX moved unevenly. The balance of decliners over advancers underscores the breadth of the pullback in Casablanca on Thursday.