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Morocco stocks lower at close of trade; Moroccan All Shares down 0.01%

investing.com 16/12/2024 - 15:10 PM

Morocco Stock Market Update

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

At the close in Casablanca, the Moroccan All Shares declined 0.01%.

Best Performers

The best performers of the session on the Moroccan All Shares were:
Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI): rose 6.44% or 36.00 points to trade at 595.00.
Involys (CSE:INV): added 3.04% or 2.92 points to end at 98.99.
Atlanta (CSE:ATL): was up 1.55% or 2.00 points to 131.00 in late trade.

Worst Performers

The worst performers of the session were:
M2M Group (CSE:M2M): fell 8.78% or 48.40 points to trade at 503.10.
Stokvis Nord Afrique (CSE:SNA): declined 6.00% or 0.99 points to end at 15.50.
Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR): down 4.33% or 1.90 points to 42.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 27 to 22, with 6 ending unchanged.

Commodities Update

  • Crude oil for January delivery was down 0.95% or 0.68 to $70.61 a barrel.
  • Brent oil for delivery in February fell 0.39% or 0.29 to hit $74.20 a barrel.
  • February Gold Futures contract fell 0.15% or 3.91 to trade at $2,671.89 a troy ounce.

Currency Exchange

  • EUR/MAD was unchanged 0.02% to 10.47.
  • USD/MAD rose 0.07% to 9.97.

The US Dollar Index Futures was up 0.04% at 106.73.




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