Morocco Stock Market Update

Investing.com – Morocco stocks were lower after the close on Monday, as losses in the Chemicals, Utilities, and Insurance sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.00%.

The best performers of the session on the Moroccan All Shares were:
– Jet Contractors (CSE:JET): Rose 9.94% or 126.00 points to trade at 1,394.00.
– M2M Group (CSE:M2M): Added 8.63% or 43.70 points to end at 550.00.
– SMI (CSE:SMI): Was up 6.19% or 130.00 points to 2,230.00 in late trade.

The worst performers of the session were:
– IB Maroc Com SA (CSE:IBC): Fell 9.97% or 3.78 points to trade at 34.12.
– Miniere Touissit (CSE:CMT): Declined 9.94% or 158.00 points to end at 1,432.00.
– Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP): Was down 5.00% or 25.00 points to 475.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 16, with 7 ending unchanged.

Shares in Jet Contractors (CSE:JET) rose to all-time highs; rising 9.94% or 126.00 to 1,394.00.

Crude oil for December delivery was up 1.06% or 0.73 to $69.42 a barrel. Elsewhere in commodities trading:
– Brent oil for delivery in December rose 0.86% or 0.63 to hit $73.69 a barrel.
– December Gold Futures contract rose 0.16% or 4.40 to trade at $2,734.40 a troy ounce.

EUR/MAD was up 0.15% to 10.76, while USD/MAD rose 0.41% to 9.91.

The US Dollar Index Futures was up 0.36% at 103.67.