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Morocco stocks lower at close of trade; Moroccan All Shares down 0.10%

Published 10/31/2024, 11:10 AM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.10%
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Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Hotels, Restaurants & Leisure, Beverage and Holding Companies sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.10%.

The best performers of the session on the Moroccan All Shares were Ste Nationale de Siderurgie SA (CSE:SID), which rose 7.88% or 65.00 points to trade at 890.00 at the close. Meanwhile, CDM (CSE:CDM) added 4.28% or 39.00 points to end at 950.00 and Realis. Mecaniques (CSE:SRM) was up 4.09% or 18.00 points to 458.00 in late trade.

The worst performers of the session were Risma (CSE:RIS), which fell 4.52% or 9.85 points to trade at 208.00 at the close. Societe des Boissons du Maroc SA (CSE:SBM) declined 3.80% or 93.00 points to end at 2,352.00 and Jet Contractors (CSE:JET) was down 2.84% or 44.00 points to 1,506.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 19 and 8 ended unchanged.

Crude oil for December delivery was up 1.34% or 0.92 to $69.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.19% or 0.86 to hit $73.02 a barrel, while the December Gold Futures contract fell 1.97% or 55.20 to trade at $2,745.60 a troy ounce.

EUR/MAD was up 0.22% to 10.69, while USD/MAD fell 0.14% to 9.83.

The US Dollar Index Futures was up 0.17% at 104.04.

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