Morocco Stock Market Update

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

At the close in Casablanca, the Moroccan All Shares fell 0.07%.

Best Performers

The best performers of the session on the Moroccan All Shares were:

• Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI): rose 7.72% or 43.00 points to trade at 600.00 at the close.
• Taqa Morocco SA (CSE:TQM): added 5.37% or 80.00 points to end at 1,570.00.
• Compagnie Sucrerie Marocaine et de Raffinage SA (CSE:CSR): up 4.23% or 8.00 points to 197.00 in late trade.

Worst Performers

The worst performers of the session were:

• Realis. Mecaniques (CSE:SRM): fell 7.52% or 34.95 points to trade at 430.00 at the close.
• S2M (CSE:S2M): declined 4.76% or 11.00 points to end at 220.00.
• Afric Industries Sa (CSE:AFI): down 3.39% or 10.70 points to 305.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 29 to 15, with 10 ending unchanged.

Shares in Taqa Morocco SA (CSE:TQM) rose to all-time highs; up 5.37% or 80.00 to 1,570.00.

Commodities Update

Crude oil for November delivery was up 2.41% or 1.79 to $76.17 a barrel. Elsewhere in commodities trading:
– Brent oil for December rose 2.25% or 1.76 to hit $79.81 a barrel.
– December Gold Futures contract fell 0.26% or 6.90 to trade at $2,660.90 a troy ounce.

Currency Update

• EUR/MAD was down 0.11% to 10.77.
• USD/MAD unchanged 0.01% to 9.82.

The US Dollar Index Futures was down 0.02% at 102.26.