Morocco Stock Market Overview

Investing.com – Morocco stocks were higher after the close on Monday, led by gains in the Insurance, Construction & Building Materials, and Distributors sectors.

At the close in Casablanca, the Moroccan All Shares rose 0.21%, reaching a new 1-month high.

Best Performers

• Ste Nationale de Siderurgie SA (CSE:SID): +9.97% or 89.50 points, trading at 987.50.
• Realis. Mecaniques (CSE:SRM): +9.89% or 43.00 points, ending at 478.00.
• Cartier Saada (CSE:CRS): +8.62% or 2.70 points, closing at 34.03.

Worst Performers

• Taqa Morocco SA (CSE:TQM): -4.54% or 68.00 points, trading at 1,431.00.
• Involys (CSE:INV): -3.98% or 3.98 points, ending at 96.02.
• Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP): -2.65% or 12.80 points, closing at 470.05.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange, with 22 declines, 19 advances, and 12 unchanged.

Shares in Ste Nationale de Siderurgie SA (CSE:SID) hit 5-year highs, gaining 9.97% to 987.50.

Commodities Overview

Crude oil for December delivery rose 2.17% or 1.51 to $71.00 a barrel. Brent oil for January delivery increased 2.00% or 1.46 to $74.56 a barrel. The December Gold Futures contract rose 0.13% or 3.55 to $2,752.75 a troy ounce.

Currency Exchange

• EUR/MAD: +0.29% to 10.71.
• USD/MAD: +0.06% to 9.82.

The US Dollar Index Futures was down 0.62% at 103.56.