Morocco Stock Market Update

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Holding Companies, Real Estate, and Distributors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.21%.

Best Performers

The best performers of the session on the Moroccan All Shares were:
– S2M (CSE:S2M): rose 8.10% or 17.00 points to trade at 227.00 at the close.
– Jet Contractors (CSE:JET): added 7.68% or 112.00 points to end at 1,570.00.
– Fenie Brossette (CSE:FBR): was up 7.50% or 7.95 points to 113.95 in late trade.

Worst Performers

The worst performers of the session were:
– CTM (CSE:CTM): fell 4.43% or 29.70 points to trade at 640.00.
– Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP): declined 4.24% or 20.70 points to end at 468.00.
– M2M Group (CSE:M2M): down 3.85% or 22.00 points to 550.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 23, and 8 ended unchanged.

Market Highlights

Shares in Jet Contractors (CSE:JET) rose to all-time highs, up 7.68% or 112.00 to 1,570.00.

Commodities Market

• Crude oil for December delivery was down 5.22% or 3.75 to $68.03 a barrel.
• Brent oil for January delivery fell 5.09% or 3.85 to $71.78 a barrel.
• December Gold Futures contract fell 0.04% or 1.05 to trade at $2,753.55 a troy ounce.

Currency Exchange Rates

• EUR/MAD was down 0.13% to 10.67.
• USD/MAD fell 0.35% to 9.86.

US Dollar Index

The US Dollar Index Futures was down 0.08% at 104.05.