Moroccan equities ended Wednesday's session in positive territory, with the Moroccan All Shares index finishing the day up 1.66% at the close in Casablanca. Sector strength was driven by gains in Banking, Beverage and Transport names, which collectively helped push the market higher.
The session's top performers on the Moroccan All Shares included Ste de Travaux de Realisation dOuvrages et de Constuction Industielle SA (CSE:STR), which climbed 9.80% - a 19.50 point increase - to close at 218.50. Stokvis Nord Afrique (CSE:SNA) also posted a strong advance, rising 7.32% or 5.89 points to end at 86.39. M2M Group (CSE:M2M) closed higher by 7.26%, up 29.90 points to 441.90 in late trade.
On the downside, Label Vie (CSE:LBV) recorded the largest decline among the main movers, falling 2.41% - a decrease of 100.00 points - to finish at 4,050.00. Micro Data SA (CSE:MIC) retreated 1.32% or 10.00 points to close at 750.00, while CDM (CSE:CDM) ended the session down 1.07% or 11.00 points at 1,021.00.
Market breadth favoured advancing issues on the Casablanca Stock Exchange, with 45 stocks rising against 9 decliners, and 8 issues closing unchanged.
Commodity markets showed divergent moves during the session. Crude oil for June delivery fell 6.69% - a drop of 6.84 - settling at $95.43 a barrel. Brent oil for July delivery declined 7.05% or 7.75 to reach $102.12 a barrel. In contrast, the June Gold Futures contract advanced 3.11% - a gain of 142.21 - to trade at $4,710.71 a troy ounce.
Foreign exchange rates versus the Moroccan dirham moved slightly. The euro to dirham rate (EUR/MAD) rose 0.19% to 10.82, while the U.S. dollar to dirham rate (USD/MAD) fell 0.38% to 9.20. The US Dollar Index Futures was lower by 0.48% at 97.84.
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This session's market moves underscore mixed pressures across commodities and currencies while domestic equities registered net gains led by specific sectors. The composition of winners and losers highlights both industry-level leadership and stock-specific volatility within the Moroccan market.