Morocco Stock Market Update

Investing.com – Morocco stocks were higher after the close on Friday, driven by gains in the Mining, Insurance, and Forestry & Paper sectors.

At the close in Casablanca, the Moroccan All Shares increased by 0.18%.

Best Performers

The standout performers on the Moroccan All Shares included:
– Disway SA (CSE:DWY): +4.25% or +27.00 points, closing at 663.00
– Managem (CSE:MNG): +3.76% or +105.00 points, ending at 2,900.00
– Ste Nationale de Siderurgie SA (CSE:SID): +3.18% or +29.90 points, trading at 969.90

Worst Performers

Conversely, the worst performers were:
– Salafin (CSE:SLF): -4.72% or -26.80 points, closing at 541.20
– Marocaine Ste de Therapeutique SA (CSE:SOT): -1.46% or -14.00 points, ending at 945.00
– Risma (CSE:RIS): -1.30% or -3.00 points, trading at 227.00

Market Overview

Overall, falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 24 to 24, and 7 ended unchanged.

Commodity Prices

• Crude oil for January delivery rose 0.89% to $70.64 a barrel.
• Brent oil for February delivery increased 0.68% to $73.91 a barrel.
• February Gold Futures fell 1.14% to $2,678.64 per troy ounce.

Currency Exchange

• EUR/MAD: down 0.06% to 10.47
• USD/MAD: unchanged at 9.98
• US Dollar Index Futures: up 0.08% at 106.73.