Morocco Stock Market Update

Investing.com – Morocco stocks were higher after the close on Tuesday, led by gains in the Real Estate, Construction & Building Materials, and Food Producers & Processors sectors.

At the close in Casablanca, the Moroccan All Shares added 0.77% to hit a new all-time high.

Top Performers

The best performers of the session on the Moroccan All Shares were:
– Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR): rose 5.41% or 2.49 points to trade at 48.49 at the close.
– Societe d’Exploitation des Ports SA (CSE:MSA): added 3.15% or 17.00 points to end at 557.00.
– Risma (CSE:RIS): was up 2.79% or 5.80 points to 213.80 in late trade.

Worst Performers

The worst performers of the session were:
– Realis. Mecaniques (CSE:SRM): fell 9.99% or 52.95 points to trade at 477.05 at the close.
– IB Maroc Com SA (CSE:IBC): declined 6.67% or 2.40 points to end at 33.60.
– Colorado (CSE:COL): was down 2.89% or 1.52 points to 51.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 22, with 12 ending unchanged.

Shares in Societe d’Exploitation des Ports SA (CSE:MSA) rose to all-time highs, up 3.15% or 17.00 to 557.00.

Commodities Update

• Crude oil for January delivery was up 0.80% or 0.55 to $69.72 a barrel.
• Brent oil for January rose 0.76% or 0.56 to hit $73.86 a barrel.
• December Gold Futures contract rose 0.67% or 17.40 to trade at $2,632.00 a troy ounce.

Currency Update

• EUR/MAD was unchanged 0.02% to 10.55.
• USD/MAD fell 0.21% to 9.99.

The US Dollar Index Futures was up 0.07% at 106.28.