Moroccan equities closed higher on Wednesday, with the Moroccan All Shares index up 2.62% at the Casablanca close. Sector strength in Banking, Beverage and Transport underpinned the rise, while market breadth favored advancing issues.
The session's top performers on the Moroccan All Shares included M2M Group (CSE:M2M), which rose 6.83% - a gain of 28.75 points - to finish at 449.95. Delta Holding S.A (CSE:DHO) added 6.36%, or 3.50 points, closing at 58.50. Marocaine Ste de Therapeutique SA (CSE:SOT) also posted a solid advance, up 4.87% or 77.00 points to end the day at 1,657.00.
On the downside, SMI (CSE:SMI) was the weakest name of the session, slipping 3.83% - a loss of 249.00 points - to trade at 6,251.00 at the close. S2M (CSE:S2M) declined 2.73%, or 15.00 points, to finish at 535.00, while Taqa Morocco SA (CSE:TQM) dropped 1.37%, or 25.00 points, ending at 1,795.00.
Advancers outpaced decliners by a wide margin on the Casablanca Stock Exchange, with 46 stocks rising against 9 that fell, and 4 remaining unchanged.
Commodity markets provided an active backdrop to the trading day. Crude oil for May delivery increased 1.86%, or $1.78, to $97.31 a barrel. Brent oil for May delivery climbed 4.95%, or $5.12, to $108.54 a barrel. Precious metals moved in the opposite direction: the April Gold Futures contract declined 2.69%, or $134.84, to trade at $4,873.36 a troy ounce.
Foreign exchange movements accompanied the session: EUR/MAD rose 0.14% to 10.81, and USD/MAD gained 0.19% to 9.38. The US Dollar Index Futures was up 0.26% at 99.58.
As the market closed, the combination of sector-led support in Banking, Beverage and Transport and the broader commodity and FX environment shaped the day’s outcome. Market participants recorded a clear bias toward rising names, while energy price gains and currency movements provided additional context for investor positioning.