Stock Markets July 31, 2026 11:10 AM

Casablanca equities finish higher as banking, beverage and transport stocks advance

Moroccan All Shares index closes up 0.59% with mixed breadth; commodities and FX show notable moves

By Marcus Reed
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Morocco's benchmark moved higher at Friday's close, led by gains in banking, beverage and transport names. The Moroccan All Shares rose 0.59% as small- and mid-cap winners outnumbered decliners. Energy, precious metals and currency metrics registered significant shifts alongside the equities session.

Casablanca equities finish higher as banking, beverage and transport stocks advance
MIC
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Key Points

  • Moroccan All Shares closed up 0.59%, led by gains in Banking, Beverage and Transport sectors.
  • Top performers included ZDJ (+9.98%), WAA (+3.88%) and MAB (+2.64%); top losers were MIC (-3.22%), SBM (-3.00%) and MDP (-2.75%).
  • Commodities and FX moved notably: WTI crude rose to $85.93, Brent to $88.71, gold futures fell to $4,046.00, EUR/MAD and USD/MAD both declined.

Casablanca - Moroccan equities closed higher on Friday, with the Moroccan All Shares index finishing the session up 0.59% as support from Banking, Beverage and Transport sectors outweighed losses elsewhere.

At the close, the Moroccan All Shares rose 0.59%, driven by select strong performers across several industry groups.

The session's top gainer was Zellidja S.A (CSE:ZDJ), which advanced 9.98%, adding 24.25 points to reach a closing price of 267.25. Insurer Wafa Assurance (CSE:WAA) climbed 3.88%, an increase of 200.00 points to close at 5,350.00, while leasing firm Maghrebail (CSE:MAB) rose 2.64% or 23.90 points to finish at 929.00.

On the downside, Micro Data SA (CSE:MIC) led decliners after shedding 3.22% - a drop of 23.80 points - to end at 716.20. Beverage producer Societe des Boissons du Maroc SA (CSE:SBM) fell 3.00%, decreasing by 65.00 points to close at 2,103.00, and Med Paper (CSE:MDP) slipped 2.75%, or 0.70 points, to finish at 24.80.

Market breadth was positive: rising issues outnumbered falling ones on the Casablanca Stock Exchange by 35 to 22, while 10 stocks finished unchanged.

Commodity markets showed notable moves during the session. Crude oil for September delivery increased 2.80%, adding $2.34 to trade at $85.93 a barrel. Brent crude for October delivery rose 2.11% or $1.83 to $88.71 a barrel. In precious metals, the August Gold Futures contract declined 1.32%, down $54.10 to trade at $4,046.00 a troy ounce.

Currency crosses involving the Moroccan dirham moved lower versus both the euro and the U.S. dollar. EUR/MAD fell 0.19% to 10.74, while USD/MAD declined 0.49% to 9.34. The U.S. Dollar Index Futures was up 0.28% at 100.00 during the same period.


The market close in Casablanca reflected selective strength among financial and transport-related names, while individual industrial and beverage companies posted the largest declines. Broader macro drivers such as oil, gold and currency moves accompanied the equity session and provided additional market context.

Risks

  • Individual stocks showed wide swings in both directions, indicating sector- and stock-specific volatility that could affect investors in banking, beverage and transport names.
  • Significant moves in oil and gold prices during the session may introduce uncertainty for energy-linked firms and investors sensitive to commodity price fluctuations.
  • Currency fluctuations - EUR/MAD and USD/MAD both declined - could affect importers, exporters and companies with foreign-currency exposures in Morocco.

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