Morocco Stock Market Update

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Real Estate, Forestry & Paper, and Pharmaceutical Industry sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.25%.

Best Performers

The best performers of the session on the Moroccan All Shares were:
– Alliances (CSE:ADI): rose 9.98% or 26.60 points to trade at 293.10.
– Douja Prom Addoha (CSE:ADH): added 9.97% or 3.09 points to end at 34.09.
– Stokvis Nord Afrique (CSE:SNA): up 9.86% or 1.40 points to 15.60 in late trade.

Worst Performers

The worst performers of the session included:
– Realis. Mecaniques (CSE:SRM): fell 6.63% or 31.60 points to trade at 445.00.
– IB Maroc Com SA (CSE:IBC): declined 3.67% or 1.56 points to end at 41.00.
– Micro Data SA (CSE:MIC): down 2.34% or 15.00 points to 625.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 28 to 26, with 6 ending unchanged.

Shares in Alliances (CSE:ADI) rose to 5-year highs, climbing 9.98% or 26.60 to 293.10.

Commodities

• Crude oil for October delivery was up 0.38% or 0.28 to $73.83 a barrel.
• Brent oil for November delivery rose 0.21% or 0.16 to $77.09 a barrel.
• December Gold Futures contract rose 0.23% or 5.85 to trade at $2,533.45 a troy ounce.

Exchange Rates

• EUR/MAD was up 0.71% to 10.85.
• USD/MAD rose 0.68% to 9.80.

The US Dollar Index Futures was down 0.04% at 101.58.