Morocco Stock Market Update

Investing.com – Morocco stocks were lower after the close on Tuesday, with losses in the Utilities, Software & Computer Services, and Food Producers & Processors sectors leading shares down.

At the close in Casablanca, the Moroccan All Shares declined 0.58%, hitting a new 1-month low.

Best Performers

The best performers of the session on the Moroccan All Shares were:
– CTM (CSE:CTM): rose 7.14% or 50.00 points to trade at 750.00.
– Auto Hall (CSE:ATH): added 2.69% or 1.73 points to end at 65.98.
– Societe des Boissons du Maroc SA (CSE:SBM): up 2.13% or 49.00 points to 2,349.00.

Worst Performers

The worst performers of the session were:
– Jet Contractors (CSE:JET): fell 5.38% or 100.00 points to trade at 1,760.00.
– Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR): declined 4.38% or 1.97 points to end at 43.00.
– Stokvis Nord Afrique (CSE:SNA): down 4.19% or 0.70 points to 16.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 34 to 13 and 4 ended unchanged.

CTM (CSE:CTM) shares rose to 3-year highs, gaining 7.14% or 50.00 to 750.00.

Commodities Update

Crude oil for February delivery was up 1.53% or 1.06 to $70.30 a barrel. In commodities trading:
– Brent oil for March rose 1.36% or 0.98 to hit $73.30 a barrel.
– February Gold Futures contract fell 0.05% or 1.29 to trade at $2,626.91 a troy ounce.

The EUR/MAD was up 0.18% to 10.48, while USD/MAD remained unchanged at 0.05% to 10.08.

The US Dollar Index Futures was up 0.07% at 107.88.