Morocco Stock Market Overview

Investing.com – Morocco stocks were lower after the close on Friday as losses in the Beverage, Insurance, and Utilities 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:
– CTM (CSE:CTM): rose 9.99% or 82.40 points to trade at 907.30.
– Delta Holding S.A (CSE:DHO): added 5.54% or 2.94 points to end at 56.00.
– IB Maroc Com SA (CSE:IBC): up 2.76% or 0.94 points to 34.94 in late trade.

Worst Performers

The worst performers of the session were:
– Sanlam Maroc SA (CSE:SAH): fell 9.97% or 186.00 points to trade at 1,679.00.
– Wafa Assurance (CSE:WAA): declined 4.40% or 198.00 points to end at 4,300.00.
– Societe des Boissons du Maroc SA (CSE:SBM): down 3.71% or 87.00 points to 2,260.00.

Market Statistics

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 22, with 12 ending unchanged.

Shares in CTM (CSE:CTM) rose to 3-year highs, up 9.99% or 82.40 to reach 907.30.

Commodities Market

• Crude oil for February delivery was up 0.93% or 0.65 to $70.27 a barrel.
• Brent oil for delivery in March rose 0.81% or 0.59 to hit $73.44 a barrel.
• The February Gold Futures contract fell 0.87% or 23.16 to trade at $2,630.74 a troy ounce.

Currency Exchange Rates

• EUR/MAD was up 0.47% to 10.53.
• USD/MAD rose 0.22% to 10.09.

The US Dollar Index Futures was down 0.06% at 107.82.