Morocco Stock Market Update

Investing.com – Morocco stocks were higher after the close on Friday, driven by gains in the Holding Companies, Chemicals, and Oil & Gas sectors.

At the close in Casablanca, the Moroccan All Shares rose 0.31%.

Best Performers:

• IB Maroc Com SA (CSE:IBC): +5.88% (2.00 points) to 36.00
• Miniere Touissit (CSE:CMT): +4.99% (73.00 points) to 1,535.00
• Jet Contractors (CSE:JET): +3.62% (51.00 points) to 1,458.00

Worst Performers:

• Auto Hall (CSE:ATH): -2.72% (1.90 points) to 68.00
• S2M (CSE:S2M): -2.30% (4.95 points) to 210.00
• Sanlam Maroc SA (CSE:SAH): -2.29% (44.00 points) to 1,875.00

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 27 to 17 with 9 remaining unchanged.

Shares in Jet Contractors (CSE:JET) reached all-time highs, gaining 3.62% or 51.00 points to 1,458.00.

Commodities Update:

• Crude Oil (December delivery): +1.03% ($0.72) to $70.91 per barrel
• Brent Oil (December delivery): +0.98% ($0.73) to $75.11 per barrel
• Gold Futures (December contract): +0.14% ($3.80) to $2,752.70 per troy ounce

Currency Update:

• EUR/MAD: +0.13% to 10.69
• USD/MAD: +0.06% to 9.87

The US Dollar Index Futures was down 0.05% at 103.86.