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Morocco stocks lower at close of trade; Moroccan All Shares down 0.02%

Published 11/05/2024, 10:10 AM
Updated 11/05/2024, 10:15 AM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.02%
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Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Utilities, Holding Companies and Mining sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.02%.

The best performers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM), which rose 8.68% or 41.55 points to trade at 520.00 at the close. Meanwhile, IB Maroc Com SA (CSE:IBC) added 7.38% or 2.40 points to end at 34.90 and Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) was up 6.89% or 33.15 points to 514.00 in late trade.

The worst performers of the session were Maghreb Oxygene (CSE:MOX), which fell 8.91% or 20.90 points to trade at 213.55 at the close. Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) declined 3.92% or 2.00 points to end at 49.00 and Colorado (CSE:COL) was down 2.66% or 1.38 points to 50.50.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 18 and 8 ended unchanged.

Crude oil for December delivery was up 0.98% or 0.70 to $72.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.88% or 0.66 to hit $75.74 a barrel, while the December Gold Futures contract rose 0.03% or 0.70 to trade at $2,746.90 a troy ounce.

EUR/MAD was unchanged 0.02% to 10.71, while USD/MAD fell 0.15% to 9.83.

The US Dollar Index Futures was down 0.16% at 103.62.

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