Morocco Stock Market Update

Investing.com – Morocco stocks were lower after the close on Wednesday, with losses in the Utilities, Distributors, and Mining sectors leading to a decline in shares.

At the close in Casablanca, the Moroccan All Shares decreased by 0.16%, reaching a new one-month low.

Best Performers

• Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR): up 4.19% or 1.80 points to trade at 44.80
• IB Maroc Com SA (CSE:IBC): up 2.88% or 0.95 points to close at 33.95
• Cartier Saada (CSE:CRS): up 2.79% or 0.95 points to finish at 34.95

Worst Performers

• SMI (CSE:SMI): down 4.08% or 84.00 points to trade at 1,975.00
• Total Maroc SA (CSE:TMA): down 3.33% or 50.00 points to end at 1,450.00
• Delta Holding S.A (CSE:DHO): down 3.19% or 1.70 points to close at 51.60

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 32 to 16, with 7 stocks ending unchanged.

Commodities Update

• Crude oil for February delivery decreased by 0.09% to $70.10 a barrel.
• Brent oil for March delivery increased by 1.24% to $73.22 a barrel.
• February Gold Futures remained unchanged at $2,633.50 a troy ounce.

Currency Exchange Rates

• EUR/MAD: unchanged at 10.48
• USD/MAD: down 0.10% to 10.07
• US Dollar Index Futures: up 0.18% at 108.00