Moroccan Stock Market Update

Investing.com – The Moroccan stock market saw gains after the close on Wednesday, driven by advancements in the Real Estate, Pharmaceutical Industry, and Chemicals sectors.

At the close in Casablanca, the Moroccan All Shares index increased by 0.23%.

Top Performers

• Alliances (CSE:ADI): Up 6.56% or 20.00 points to 325.00.
• Involys (CSE:INV): Up 5.25% or 4.99 points to 100.00.
• Delta Holding S.A (CSE:DHO): Up 4.65% or 2.44 points to 54.96.

Worst Performers

• Label Vie (CSE:LBV): Down 3.41% or 150.00 points to 4,250.00.
• Jet Contractors (CSE:JET): Down 3.04% or 44.00 points to 1,401.00.
• IB Maroc Com SA (CSE:IBC): Down 2.94% or 1.09 points to 36.00.

Overall, rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 26 to 20, with 4 remaining unchanged. Shares in Alliances hit a 5-year high, gaining 6.56% to 325.00.

Commodities Update

• Crude oil for December delivery fell 1.73% to $70.50 a barrel.
• Brent oil for delivery in December decreased 1.70% to $74.75 a barrel.
• December Gold Futures dropped 1.07% to $2,730.30 a troy ounce.

Currency Exchange

• EUR/MAD: Down 0.37% to 10.68.
• USD/MAD: Unchanged at 9.90.

The US Dollar Index Futures increased 0.34% to 104.27.