Moroccan equities ended the trading day in negative territory on Monday, with selling concentrated in the Utilities, Banking and Mining sectors. At the close in Casablanca, the Moroccan All Shares slipped 1.39%, recording a new one-month low.
At the individual stock level, Miniere Touissit (CSE:CMT) was the session's strongest performer, gaining 8.63% - an advance of 189.00 points - to finish at 2,379.00. SMI (CSE:SMI) climbed 8.08%, adding 501.00 points to reach 6,701.00 by the close. Marocaine Ste de Therapeutique SA (CSE:SOT) also moved higher, rising 4.45% or 77.00 points to end the day at 1,808.00.
On the downside, Lesieur Cristal (CSE:LES) led declines among the major laggards, falling 6.85% - a drop of 25.00 points - to close at 340.00. Cartier Saada (CSE:CRS) slipped 6.58% or 2.15 points to finish at 30.50. Stokvis Nord Afrique (CSE:SNA) fell 5.73%, losing 5.17 points to end the session at 85.00.
Market breadth was negative on the Casablanca Stock Exchange, with decliners outnumbering advancers by 48 to 12, while 2 issues finished unchanged.
SMI (CSE:SMI) reached an all-time high in the session, advancing 8.08% or 501.00 points to close at 6,701.00. By contrast, Cartier Saada (CSE:CRS) moved to a 52-week low after its 6.58% decline to 30.50.
Commodities and currencies showed mixed patterns during the session. Crude oil for March delivery fell 0.33% or 0.20 to trade at $60.87 a barrel. Brent oil for April delivery was down 0.26% or 0.17 to $64.90 a barrel. The April Gold Futures contract rose 2.22% or 111.19 to trade at $5,128.19 a troy ounce.
In currency pairs, EUR/MAD was effectively unchanged, edging 0.01% to 10.77, while USD/MAD moved lower by 0.10% to 9.09. FX and commodity price moves coincided with a softer US Dollar Index Futures, which was down 0.60% at 96.82.
These closing figures underline a broadly negative session for Moroccan equities, led by losses in key sectors and amplified by varied moves in raw materials and foreign-exchange rates. The market's breadth and the notable individual stock extremes underline differentiated investor appetite across companies and industries.