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Morocco stocks higher at close of trade; Moroccan All Shares up 0.19%

Published 11/13/2024, 10:10 AM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.19%
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Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Distributors, Invest Companies & Other Finance and Construction & Building Materials sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.19%.

The best performers of the session on the Moroccan All Shares were Societe d’Exploitation des Ports SA (CSE:MSA), which rose 4.37% or 22.10 points to trade at 528.10 at the close. Meanwhile, Maghreb Oxygene (CSE:MOX) added 4.17% or 10.00 points to end at 250.00 and Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) was up 3.14% or 18.00 points to 588.00 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE:SRM), which fell 9.98% or 62.90 points to trade at 567.10 at the close. Colorado (CSE:COL) declined 5.09% or 2.69 points to end at 50.21 and Total Maroc SA (CSE:TMA) was down 3.57% or 57.00 points to 1,540.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 30 to 16 and 9 ended unchanged.

Shares in Societe d’Exploitation des Ports SA (CSE:MSA) rose to all time highs; gaining 4.37% or 22.10 to 528.10. Shares in Maghreb Oxygene (CSE:MOX) rose to 52-week highs; gaining 4.17% or 10.00 to 250.00.

Crude oil for December delivery was down 1.19% or 0.81 to $67.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.07% or 0.77 to hit $71.12 a barrel, while the December Gold Futures contract fell 0.07% or 1.90 to trade at $2,604.40 a troy ounce.

EUR/MAD was up 0.40% to 10.58, while USD/MAD rose 0.29% to 9.95.

The US Dollar Index Futures was up 0.37% at 106.35.

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