Morocco Stock Market Update

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

At the close in Casablanca, the Moroccan All Shares lost 0.04%.

Best Performers

The best performers of the session on the Moroccan All Shares were:
– M2M Group (CSE:M2M): rose 5.54% or 28.80 points to trade at 548.90.
– Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR): added 4.65% or 2.00 points to end at 44.98.
– Involys (CSE:INV): up 3.09% or 2.97 points to 98.97 in late trade.

Worst Performers

The worst performers of the session were:
– Salafin (CSE:SLF): fell 4.73% or 26.90 points to trade at 542.10.
– Lesieur Cristal (CSE:LES): declined 3.14% or 8.80 points to end at 271.20.
– Disway SA (CSE:DWY): down 2.27% or 14.90 points to 641.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 32 to 17, with 8 ending unchanged.

Commodities Update

• Crude oil for January delivery was up 0.41% or 0.29 to $70.37 a barrel.
• Brent oil for February rose 0.79% or 0.58 to hit $73.77 a barrel.
• February Gold Futures contract fell 0.43% or 11.35 to trade at $2,650.65 a troy ounce.

Currency Update

• EUR/MAD was down 0.11% to 10.48.
• USD/MAD fell 0.16% to 9.99.
• The US Dollar Index Futures was up 0.04% at 106.71.