Moroccan equities finished the trading day lower on Monday in Casablanca, with the Moroccan All Shares index ending the session down 0.26%.
Losses were concentrated in the Utilities, Banking and Mining sectors, which collectively pressured the index at the close. Market participation showed a modest tilt toward declines: 28 stocks fell, 25 advanced and 7 finished unchanged on the Casablanca Stock Exchange.
The session produced a handful of notable winners. SMI (CSE:SMI) led gains on the Moroccan All Shares, climbing 6.20% - a rise of 361.00 points - to finish at 6,185.00. Miniere Touissit (CSE:CMT) added 4.18% or 140.00 points to close at 3,490.00, a level that represented an all-time high for the company. Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) also advanced, up 4.10% or 18.85 points to 478.95 by the close.
On the downside, Stokvis Nord Afrique (CSE:SNA) registered the largest drop among the headline names, slipping 2.83% or 2.52 points to end at 86.50. Bmce Bank (CSE:BOA) declined 2.74% or 6.00 points to close at 213.00, while Risma (CSE:RIS) fell 2.46% or 8.50 points to finish at 336.50.
Miniere Touissit’s intraday strength took it to a fresh record high, with the stock rising to 3,490.00 on the session’s gains.
Commodities showed mixed moves during the same trading window. U.S. crude oil for April delivery rose 0.69% or $0.46 to settle at $66.94 a barrel. Brent oil for May delivery was up 0.60% or $0.43 to $71.73 a barrel. Precious metals saw a larger move: the April Gold Futures contract climbed 2.81% or $142.56 to trade at $5,223.46 a troy ounce.
In foreign exchange trading, the euro to Moroccan dirham pair (EUR/MAD) was effectively flat, changing by 0.03% to 10.79. The U.S. dollar strengthened against the dirham, with USD/MAD rising 0.38% to 9.19. The U.S. Dollar Index Futures was lower by 0.13% at 97.60.
Overall, the market closed with a narrow imbalance toward losers, while a small group of miners and industrial names posted outsized gains, including an all-time high for Miniere Touissit.