Morocco Stock Market Report

Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Real Estate, Chemicals, and Food Producers & Processors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.42%.

Top Performers

The best performers of the session on the Moroccan All Shares were:
– IB Maroc Com SA (CSE:IBC): rose 7.32% or 2.78 points to trade at 40.78 at the close.
– Jet Contractors (CSE:JET): added 6.76% or 50.00 points to end at 790.00.
– Mutandis SCA (CSE:MUT): up 4.61% or 12.50 points to 283.50 in late trade.

Worst Performers

The worst performers of the session were:
– Cartier Saada (CSE:CRS): fell 4.98% or 1.99 points to trade at 37.95.
– Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR): declined 3.70% or 2.00 points to end at 52.00.
– S2M (CSE:S2M): down 3.19% or 7.90 points to 240.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 23, with 11 ending unchanged.

Noteworthy Achievements

Shares in Jet Contractors (CSE:JET) rose to all-time highs with a 6.76% gain. Shares in Mutandis SCA (CSE:MUT) reached a 3-year high, rising 4.61%.

Commodities Overview

• Crude oil for October delivery up 1.39% to $70.16 a barrel.
• Brent oil for November delivery rose 1.29% to $73.64.
• December Gold Futures up 0.39% to $2,535.95 a troy ounce.

Currency Exchange

• EUR/MAD: up 0.13% to 10.81
• USD/MAD: down 0.21% to 9.73

The US Dollar Index Futures was down 0.01% at 101.29.