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Morocco stocks lower at close of trade; Moroccan All Shares down 0.97%

investing.com 08/10/2024 - 15:10 PM

Morocco Stock Market Update

Investing.com – Moroccan stocks closed lower on Tuesday, with notable losses in the Real Estate, Utilities, and Construction & Building Materials sectors.

At the close in Casablanca, the Moroccan All Shares index declined by 0.97%.

Best Performers

  • Marocaine Ste de Therapeutique SA (CSE:SOT): +3.78% (up 35.00 points) to trade at 960.00.
  • Aradei Capital SA (CSE:ARD): +2.56% (up 13.00 points) to close at 520.00.
  • Realis. Mecaniques (CSE:SRM): +1.90% (up 8.45 points) to 452.45.

Worst Performers

  • Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR): -5.14% (down 2.98 points) to 55.00.
  • Jet Contractors (CSE:JET): -4.56% (down 55.00 points) to 1,150.00.
  • S2M (CSE:S2M): -4.55% (down 10.00 points) to 210.00.

Market Overview

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange, with 35 declining, 11 advancing, and 6 unchanged.

Commodity Prices

  • Crude oil for November delivery fell 4.46% to $73.70 a barrel.
  • Brent oil for December delivery decreased 4.37% to $77.39 a barrel.
  • December Gold Futures dropped 1.19% to $2,634.30 per troy ounce.

Currency Market

  • EUR/MAD down 0.05% to 10.77.
  • USD/MAD down 0.17% to 9.81.
  • The US Dollar Index Futures increased by 0.04% to 102.34.



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