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Morocco stocks lower at close of trade; Moroccan All Shares down 1.13%

investing.com 25/11/2024 - 15:10 PM

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Hotels, Restaurants & Leisure, Utilities and Banking sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 1.13%.

The best performers of the session on the Moroccan All Shares were CTM (CSE:CTM), which rose 6.70% or 41.70 points to trade at 663.90 at the close. Meanwhile, Disty Technologies SA (CSE:DYT) added 6.16% or 14.10 points to end at 243.00 and S2M (CSE:S2M) was up 4.81% or 13.00 points to 283.00 in late trade.

The worst performers of the session were Jet Contractors (CSE:JET), which fell 5.50% or 88.00 points to trade at 1,512.00 at the close. CIH (CSE:CIH) declined 4.49% or 18.85 points to end at 401.15 and Attijariwafa Bank (CSE:ATW) was down 2.43% or 14.00 points to 561.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 34 to 13 and 6 ended unchanged.

Shares in S2M (CSE:S2M) rose to 5-year highs; rising 4.81% or 13.00 to 283.00.

Crude oil for January delivery was down 1.91% or 1.36 to $69.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.88% or 1.40 to hit $73.23 a barrel, while the February Gold Futures contract fell 2.83% or 77.50 to trade at $2,659.70 a troy ounce.

EUR/MAD was up 0.47% to 10.53, while USD/MAD fell 0.09% to 10.05.

The US Dollar Index Futures was down 0.65% at 106.81.




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