Moroccan equities slide as utilities, banking and mining weigh; All Shares posts 2.86% drop
Morocco's stock market closed lower on Thursday, with the Moroccan All Shares index dropping 2.86% to a one-month low. Losses were concentrated in the Utilities, Banking and Mining sectors. Decliners outpaced advancers by a wide margin, while oil, gold and currency moves showed mixed patterns in commodity and FX markets.