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Morocco stocks lower at close of trade; Moroccan All Shares down 0.14%

Published 12/12/2024, 10:10 AM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.14%
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Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Utilities, Mining and Insurance sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.14%.

The best performers of the session on the Moroccan All Shares were Taqa Morocco SA (CSE:TQM), which rose 3.46% or 46.00 points to trade at 1,376.00 at the close. Meanwhile, Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) added 1.84% or 11.00 points to end at 580.00 and Risma (CSE:RIS) was up 1.75% or 3.95 points to 230.00 in late trade.

The worst performers of the session were M2M Group (CSE:M2M), which fell 4.91% or 28.50 points to trade at 551.50 at the close. Residences Dar Saada SA (CSE:RDS) declined 3.05% or 2.45 points to end at 78.00 and Wafa Assurance (CSE:WAA) was down 2.96% or 131.00 points to 4,299.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 21 and 6 ended unchanged.

Crude oil for January delivery was down 1.37% or 0.96 to $69.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.07% or 0.79 to hit $72.73 a barrel, while the February Gold Futures contract fell 1.76% or 48.54 to trade at $2,708.16 a troy ounce.

EUR/MAD was up 0.06% to 10.48, while USD/MAD fell 0.07% to 9.98.

The US Dollar Index Futures was down 0.04% at 106.35.

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