Moroccan Stock Market Update

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Hotels, Restaurants & Leisure, Beverage and Holding Companies sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.10%.

Best Performers

• Ste Nationale de Siderurgie SA (CSE:SID): +7.88% (65.00 points) to trade at 890.00
• CDM (CSE:CDM): +4.28% (39.00 points) to end at 950.00
• Realis. Mecaniques (CSE:SRM): +4.09% (18.00 points) to 458.00 in late trade.

Worst Performers

• Risma (CSE:RIS): -4.52% (9.85 points) to trade at 208.00
• Societe des Boissons du Maroc SA (CSE:SBM): -3.80% (93.00 points) to end at 2,352.00
• Jet Contractors (CSE:JET): -2.84% (44.00 points) to 1,506.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 19, and 8 ended unchanged.

Commodities Update

• Crude oil for December delivery was up 1.34% or 0.92 to $69.53 a barrel.
• Brent oil for delivery in January rose 1.19% or 0.86 to hit $73.02 a barrel.
• The December Gold Futures contract fell 1.97% or 55.20 to trade at $2,745.60 a troy ounce.

Currency Exchange Rates

• EUR/MAD: up 0.22% to 10.69
• USD/MAD: fell 0.14% to 9.83

The US Dollar Index Futures was up 0.17% at 104.04.