Morocco Stock Market Summary

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

At the close in Casablanca, the Moroccan All Shares declined 0.31%.

Best Performers

The best performers of the session on the Moroccan All Shares were:
– Med Paper (CSE:MDP): rose 4.98% or 1.02 points to trade at 21.49 at the close.
– CTM (CSE:CTM): added 3.17% or 21.90 points to end at 711.90.
– Taqa Morocco SA (CSE:TQM): was up 1.45% or 20.00 points to 1,400.00 in late trade.

Worst Performers

The worst performers of the session were:
– Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP): fell 5.33% or 32.00 points to trade at 568.00.
– Salafin (CSE:SLF): declined 3.23% or 18.00 points to end at 540.00.
– CIH (CSE:CIH): was down 3.09% or 12.60 points to 395.40.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 32 to 15, and 11 ended unchanged.

Commodity Prices

• Crude oil for January delivery was down 0.74% or 0.52 to $70.06 a barrel.
• Brent oil for delivery in February fell 0.01% or 0.01 to hit $73.38 a barrel.
• The February Gold Futures contract fell 1.73% or 45.81 to trade at $2,607.49 a troy ounce.

Currency Exchange Rates

• EUR/MAD was down 0.39% to 10.44.
• USD/MAD rose 0.52% to 10.04.
• The US Dollar Index Futures was up 0.08% at 107.83.