Moroccan All Shares Index Ends Week Down 0.91% on Sector Weakness

Moroccan stocks finished the trading week on a down note, with the benchmark Moroccan All Shares index falling 0.91% by the close on Friday. The decline was attributed to broad-based selling pressure, led by notable losses in the utilities, banking, and mining sectors.

Market Internals

The session in Casablanca reflected negative investor sentiment, as falling stocks significantly outnumbered advancing ones. According to market data, 42 companies saw their shares decline, while only 14 posted gains. Five stocks ended the session unchanged.

This negative market breadth indicates that the downturn was not isolated to a few large-cap names but was felt across a wider segment of the exchange.

Key Stock Movers

Several companies weighed heavily on the index, with the industrial and financial sectors seeing some of the session's worst performers.

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• Delta Holding S.A (CSE:DHO) was a top decliner, falling 3.45% to close at 53.10.
• Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) dropped 3.05% to end the day at 600.00.
• Label Vie (CSE:LBV) saw its shares fall 3.04% to 4,150.00.

Despite the market's overall decline, a few stocks managed to post gains. Notable advancers included CFG Bank SA (CSE:CFG), which rose 1.44%, and S2M (CSE:S2M), which added 1.15%.

Broader Market Context

In commodities trading, crude oil prices were lower, with October futures down approximately 2.71%. In the currency markets, the Moroccan dirham weakened against the U.S. dollar, with the USD/MAD pair rising 0.52% to 9.41.