Moroccan equities closed higher on Friday as sector gains in Banking, Beverage and Transport helped lift the Moroccan All Shares index. At the Casablanca close, the Moroccan All Shares was up 0.43%.
The session's strongest performers on the Moroccan All Shares included Zellidja S.A. (CSE:ZDJ), which climbed 9.73% or 18.00 points to finish at 203.00. Jet Contractors (CSE:JET) advanced 4.55% or 90.00 points to end at 2,070.00, and IB Maroc Com SA (CSE:IBC) rose 2.85% or 1.66 points to close at 59.87.
On the downside, Delta Holding S.A. (CSE:DHO) led losses, slipping 2.73% or 1.49 points to close at 53.00. Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) fell 2.64% or 16.00 points to finish at 590.00, while Total Maroc SA (CSE:TMA) declined 2.35% or 35.00 points to end the day at 1,455.00.
Market breadth in Casablanca was narrowly positive, with rising issues outnumbering decliners by 29 to 27, and 7 stocks finishing unchanged.
Notable within the decliners, shares of Delta Holding S.A. (CSE:DHO) moved to 52-week lows, closing at 53.00 after a 2.73% drop.
Commodities and currencies
Commodity markets showed mixed activity. Crude oil for September delivery fell 2.47% or 2.28 to trade at $89.91 a barrel. Brent oil for September delivery dropped 3.25% or 3.27 to $97.42 a barrel. By contrast, the August Gold Futures contract gained 0.39% or 15.92 to trade at $4,066.12 a troy ounce.
In currency markets, EUR/MAD was down 0.27% at 10.66, while USD/MAD was effectively unchanged, moving 0.04% to 9.38.
Other indicators
The US Dollar Index Futures was reported down 0.09% at 101.19.
The trading day featured a combination of sector-level strength and select stock weakness. Banking, Beverage and Transport sectors provided upward momentum, while a small number of large-cap names weighed on the session's performance.
Market snapshot
- MASI (Moroccan All Shares) - up 0.43%
- Top gainers: ZDJ +9.73%, JET +4.55%, IBC +2.85%
- Top losers: DHO -2.73%, BCI -2.64%, TMA -2.35%
- Commodities: CL -4.02%, LCO -4.49%, GC +0.71%
Overall, the Casablanca session closed with a modest advance in the benchmark, supported by several sectoral gains, while commodities and currency moves provided additional context for investors assessing near-term market drivers.