Moroccan Stock Market Update

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

At the close in Casablanca, the Moroccan All Shares fell 0.01%.

Best Performers

The best performers of the session on the Moroccan All Shares were:
– Stokvis Nord Afrique (CSE:SNA): up 5.96% or 0.94 points to trade at 16.70.
– Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR): added 4.58% or 1.97 points to end at 44.97.
– Involys (CSE:INV): was up 3.95% or 3.80 points to 99.90 in late trade.

Worst Performers

The worst performers of the session were:
– Delta Holding S.A (CSE:DHO): fell 4.61% or 2.49 points to trade at 51.50.
– Taqa Morocco SA (CSE:TQM): declined 4.29% or 60.00 points to end at 1,340.00.
– M2M Group (CSE:M2M): down 3.24% or 17.90 points to 534.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 20, and 9 ended unchanged.

Commodities and Currency Update

Crude oil for February delivery was down 0.78% or 0.54 to $68.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.85% or 0.62 to hit $71.94 a barrel, while the February Gold Futures contract fell 0.70% or 18.44 to trade at $2,626.66 a troy ounce.

• EUR/MAD was unchanged 0.05% to 10.46.
• USD/MAD rose 0.49% to 10.07.

The US Dollar Index Futures was up 0.63% at 108.03.