Morocco's equity market ended Tuesday's session in the red, with the Moroccan All Shares retreating 0.55% at the close in Casablanca. The pullback was led by declines across the Utilities, Banking and Mining sectors, which dragged the headline index lower.
Among individual names, Total Maroc SA (CSE:TMA) was the day’s top performer, advancing 2.53% - a gain of 38.00 points - to finish at 1,538.00. Micro Data SA (CSE:MIC) gained 2.01%, an increase of 15.00 points, closing at 760.00. Ennakl Automobiles (CSE:NKL) also registered a positive session, rising 1.96% or 1.05 points to end at 54.58.
Not all participants fared as well. Hps (CSE:HPS) posted the steepest decline among the most active names, dropping 4.78% - a fall of 31.00 points - to close at 618.00. Stokvis Nord Afrique (CSE:SNA) fell 4.02%, down 3.52 points to 83.97. Miniere Touissit (CSE:CMT) declined 3.81%, a loss of 190.00 points, to finish at 4,800.00.
Market breadth on the Casablanca Stock Exchange favored losers, with 38 stocks falling versus 19 advancing; 3 issues ended unchanged.
Commodity markets displayed mixed action during the trading day. Crude oil for June delivery climbed 3.52%, up $3.39, to $99.76 a barrel. Brent for July delivery rose 2.39%, gaining $2.43 to reach $104.12 a barrel. By contrast, the June Gold Futures contract moved lower, down 2.30% or $107.84, trading at $4,585.86 a troy ounce.
Currency movements against the Moroccan dirham included a 0.29% decline in EUR/MAD to 10.82, while USD/MAD ticked higher by 0.05% to 9.26. The US Dollar Index Futures was up 0.23% at 98.54 during the session.
The session combined sector-led pressure in key domestic industries with externally influenced commodity and currency moves, producing a modest overall decline for the Moroccan All Shares at the close.