Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Insurance, Construction & Building Materials and Distributors sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.21% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Ste Nationale de Siderurgie SA (CSE:SID), which rose 9.97% or 89.50 points to trade at 987.50 at the close. Meanwhile, Realis. Mecaniques (CSE:SRM) added 9.89% or 43.00 points to end at 478.00 and Cartier Saada (CSE:CRS) was up 8.62% or 2.70 points to 34.03 in late trade.
The worst performers of the session were Taqa Morocco SA (CSE:TQM), which fell 4.54% or 68.00 points to trade at 1,431.00 at the close. Involys (CSE:INV) declined 3.98% or 3.98 points to end at 96.02 and Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) was down 2.65% or 12.80 points to 470.05.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 19 and 12 ended unchanged.
Shares in Ste Nationale de Siderurgie SA (CSE:SID) rose to 5-year highs; gaining 9.97% or 89.50 to 987.50.
Crude oil for December delivery was up 2.17% or 1.51 to $71.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 2.00% or 1.46 to hit $74.56 a barrel, while the December Gold Futures contract rose 0.13% or 3.55 to trade at $2,752.75 a troy ounce.
EUR/MAD was up 0.29% to 10.71, while USD/MAD rose 0.06% to 9.82.
The US Dollar Index Futures was down 0.62% at 103.56.