Morocco Stock Market Update

Investing.com – Morocco stocks were higher after the close on Friday, with gains in the Hotels, Restaurants & Leisure, Beverage, and Banking sectors driving shares upward.

At the close in Casablanca, the Moroccan All Shares rose by 0.72%, reaching a new 1-month high.

Top Performers

The best performers of the session on the Moroccan All Shares included:
– M2M Group (CSE:M2M): up 8.55% or 47.00 points, trading at 597.00 at the close.
– Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI): increased by 5.36% or 30.00 points, ending at 590.00.
– Risma (CSE:RIS): climbed by 3.97% or 8.25 points, closing at 216.25.

Worst Performers

Conversely, the worst performers of the session were:
– Cartier Saada (CSE:CRS): down 7.99% or 2.72 points, trading at 31.33.
– IB Maroc Com SA (CSE:IBC): fell by 6.88% or 2.40 points, ending at 32.50.
– Realis. Mecaniques (CSE:SRM): decreased by 5.02% or 23.00 points, trading at 435.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 30 to 23, with 4 remaining unchanged.

Commodity Prices

• Crude oil for December delivery increased by 1.16% or 0.80 to $70.06 a barrel.
• Brent oil for January delivery rose 1.10% or 0.80 to $73.61 a barrel.
• December Gold Futures rose 0.29% or 8.05, trading at $2,757.35 a troy ounce.

EUR/MAD was down 0.12% to 10.68, while USD/MAD fell 0.18% to 9.83.

The US Dollar Index Futures was up 0.13% at 104.02.