Morocco Stock Market Update

Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Utilities, Holding Companies, and Mining sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.02%.

Best Performers

The best performers of the session on the Moroccan All Shares were:
– Realis. Mecaniques (CSE:SRM), which rose 8.68% or 41.55 points to trade at 520.00 at the close.
– IB Maroc Com SA (CSE:IBC) added 7.38% or 2.40 points to end at 34.90.
– Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) was up 6.89% or 33.15 points to 514.00 in late trade.

Worst Performers

The worst performers of the session were:
– Maghreb Oxygene (CSE:MOX), which fell 8.91% or 20.90 points to trade at 213.55 at the close.
– Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) declined 3.92% or 2.00 points to end at 49.00.
– Colorado (CSE:COL) was down 2.66% or 1.38 points to 50.50.

Market Overview

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 18, and 8 ended unchanged.

Commodity Prices

• Crude oil for December delivery was up 0.98% or 0.70 to $72.17 a barrel.
• Brent oil for delivery in January rose 0.88% or 0.66 to hit $75.74 a barrel.
• The December Gold Futures contract rose 0.03% or 0.70 to trade at $2,746.90 a troy ounce.

Currency Exchange Rates

• EUR/MAD was unchanged 0.02% to 10.71.
• USD/MAD fell 0.15% to 9.83.
• The US Dollar Index Futures was down 0.16% at 103.62.