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Morocco stocks lower at close of trade; Moroccan All Shares down 0.01%

Published 12/23/2024, 10:10 AM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.01%
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Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Holding Companies, Utilities and Transport sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.01%.

The best performers of the session on the Moroccan All Shares were Stokvis Nord Afrique (CSE:SNA), which rose 5.96% or 0.94 points to trade at 16.70 at the close. Meanwhile, Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) added 4.58% or 1.97 points to end at 44.97 and Involys (CSE:INV) was up 3.95% or 3.80 points to 99.90 in late trade.

The worst performers of the session were Delta Holding S.A (CSE:DHO), which fell 4.61% or 2.49 points to trade at 51.50 at the close. Taqa Morocco SA (CSE:TQM) declined 4.29% or 60.00 points to end at 1,340.00 and M2M Group (CSE:M2M) was down 3.24% or 17.90 points to 534.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 20 and 9 ended unchanged.

Crude oil for February delivery was down 0.78% or 0.54 to $68.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.85% or 0.62 to hit $71.94 a barrel, while the February Gold Futures contract fell 0.70% or 18.44 to trade at $2,626.66 a troy ounce.

EUR/MAD was unchanged 0.05% to 10.46, while USD/MAD rose 0.49% to 10.07.

The US Dollar Index Futures was up 0.63% at 108.03.

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