Moroccan equities finished the session weaker on Friday, with the Moroccan All Shares index slipping 0.24% at the Casablanca close. Sector pressure came mainly from Utilities, Banking and Mining names, which collectively pushed the benchmark into negative territory by the end of trading.
Market breadth at the Casablanca Stock Exchange showed more falls than advances: 32 stocks declined, 20 rose and 6 were unchanged. The session featured a mix of notable winners and laggards across banking, automotives and energy-related listings.
Top performers included Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI), which led gains by climbing 6.86% - a rise of 41.00 points to close at 639.00. Ennakl Automobiles (CSE:NKL) was also among the stronger names, adding 3.57% or 1.89 points to finish at 54.88. Total Maroc SA (CSE:TMA) advanced 2.65%, up 40.00 points to 1,550.00 in late trade.
Worst performers were led by Sanlam Maroc SA (CSE:SAH), which fell 6.42% or 192.00 points to close at 2,800.00. SMI (CSE:SMI) dropped 5.49%, losing 500.00 points to end the session at 8,600.00. Mining-listed Miniere Touissit (CSE:CMT) retreated 4.44%, down 228.00 points to 4,905.00.
Commodity prices moved lower during the session. Crude oil for July delivery fell 1.92%, a drop of $1.79, to trade at $91.25 a barrel. Brent crude for August delivery declined 1.35%, down $1.28 to $93.75 a barrel. Precious metals also saw notable weakness: the August Gold Futures contract fell 2.62%, a decline of $118.10, to trade at $4,386.90 a troy ounce.
Currency pairs tied to the Moroccan dirham showed modest movement. EUR/MAD was unchanged at 10.70, while USD/MAD rose 0.44% to 9.25. On broader currency markets, the US Dollar Index Futures was up 0.46% at 99.84 at the time reported.
The trading day closed with a clear distribution of gains and losses: several financial and industrial names recorded positive returns, while a number of insurers, industrials and miners weighed on the index. Decliners outnumbered advancers on the exchange and commodities were largely softer, a combination that capped upside in the Moroccan All Shares benchmark.