Morocco stocks closed lower after the trading session on Tuesday, with sector-level declines in Utilities, Banking and Mining contributing to an overall downbeat finish.
At the close in Casablanca, the Moroccan All Shares index declined 0.38%.
Top performers
- S2M (CSE:S2M) led gains, rising 7.80% or 39.00 points to finish at 539.00.
- Total Maroc SA (CSE:TMA) added 6.24% or 88.00 points to end the session at 1,499.00.
- Bmce Bank (CSE:BOA) climbed 4.49% or 8.00 points to close at 186.00.
Decliners
- Jet Contractors (CSE:JET) was the weakest stock, sliding 6.10% or 130.00 points to 2,000.00 at the close.
- Travaux Generaux De Construction De Casablanca S.A (CSE:TGC) fell 5.50% or 42.90 points to finish at 737.00.
- CIH (CSE:CIH) slipped 4.24% or 15.00 points to end at 338.50.
On the Casablanca Stock Exchange, decliners outnumbered advancers by 38 to 20, while 3 stocks finished unchanged.
Notable price action
CIH traded down to a 52-week low, falling 4.24% or 15.00 points to close at 338.50.
Commodities and currencies
- Crude oil for October delivery rose 2.66% or 2.28 to $88.04 a barrel.
- Brent oil for December delivery increased 4.63% or 4.09 to $92.46 a barrel.
- The December Gold Futures contract fell 1.63% or 73.24 to trade at $4,408.26 a troy ounce.
- EUR/MAD moved up 0.44% to 10.82.
- USD/MAD rose 0.51% to 9.34.
The US Dollar Index Futures was up 0.17% at 99.56 at the time of the report.
Market implications
The session featured concentrated moves among individual names, with a handful of stocks producing outsized gains while others, notably in construction and banking-related segments, weighed on the overall index. The rise in international crude benchmarks contrasted with declines in gold futures, and both euro and dollar strengthened modestly versus the dirham. Breadth favored sellers, with nearly twice as many losers as winners on the exchange.
This report reflects market activity at the close in Casablanca on Tuesday and presents the raw price movements, sector pressures, and related commodity and currency data without attribution or commentary on causation.