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Morocco stocks lower at close of trade; Moroccan All Shares down 0.28%

Published 11/12/2024, 10:10 AM
Updated 11/12/2024, 10:15 AM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.28%
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Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Distributors, Mining and Utilities sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.28%.

The best performers of the session on the Moroccan All Shares were Maghreb Oxygene (CSE:MOX), which rose 6.67% or 15.00 points to trade at 240.00 at the close. Meanwhile, Cartier Saada (CSE:CRS) added 4.81% or 1.56 points to end at 33.98 and Med Paper (CSE:MDP) was up 2.84% or 0.57 points to 20.67 in late trade.

The worst performers of the session were Miniere Touissit (CSE:CMT), which fell 3.27% or 52.00 points to trade at 1,540.00 at the close. CFG Bank SA (CSE:CFG) declined 3.00% or 6.00 points to end at 194.00 and Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) was down 2.56% or 15.00 points to 570.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 25 to 20 and 9 ended unchanged.

Shares in Maghreb Oxygene (CSE:MOX) rose to 52-week highs; gaining 6.67% or 15.00 to 240.00.

Crude oil for December delivery was up 0.96% or 0.65 to $68.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.90% or 0.65 to hit $72.48 a barrel, while the December Gold Futures contract fell 0.08% or 2.10 to trade at $2,615.60 a troy ounce.

EUR/MAD was down 0.42% to 10.54, while USD/MAD unchanged 0.03% to 9.93.

The US Dollar Index Futures was up 0.39% at 105.87.

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