Moroccan stocks finished the session higher after the close on Friday, driven by advances in several key sectors. The Moroccan All Shares index rose 0.37% by the close in Casablanca.
Among individual movers, Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) stood out as the top gainer, climbing 5.66% - a rise of 9.80 points - to finish at 183.00. Attijariwafa Bank (CSE:ATW) also contributed to the upside, adding 1.43% or 9.70 points to close at 687.00. Societe d’Exploitation des Ports SA (CSE:MSA) ended the day up 1.41%, gaining 12.00 points to reach 865.00 in late trade.
Not all names participated in the rally. IB Maroc Com SA (CSE:IBC) was the session's weakest performer, losing 8.17% or 4.90 points to end at 55.10. Ste Nationale de Siderurgie SA (CSE:SID) fell 2.88%, a decline of 57.00 points, to close at 1,924.00. Salafin (CSE:SLF) decreased 1.83% or 7.90 points to finish at 423.00.
Market breadth on the Casablanca Stock Exchange was nearly balanced. Rising issues outnumbered decliners by 25 to 24, while 12 stocks finished unchanged.
Salafin's share price touched a notable milestone during the session: the stock fell to all-time lows, closing at 423.00 after a 1.83% drop.
Commodities and currency moves
Commodity prices were generally lower. Crude oil for August delivery declined 0.74% or 0.53 to $71.55 a barrel. Brent oil for September delivery slipped 0.34% or 0.26 to $76.04 a barrel. The August Gold Futures contract fell 0.79% or 32.68, trading at $4,108.12 a troy ounce.
On the currency front, EUR/MAD was essentially unchanged, up 0.01% to 10.68. USD/MAD moved lower, falling 0.07% to 9.35. The US Dollar Index Futures registered a small decline of 0.01%, trading at 100.68.
Index snapshot
The Moroccan All Shares - MASI - was recorded at 17,987.82, up 67.08 points or 0.37% at the close.
This session combined sector-led gains with pronounced stock-specific weakness, producing a narrowly positive outcome for the broader market. The Banking, Beverage and Transport sectors were among the contributors to the advance, while industrial and consumer finance names featured among the decliners.