Morocco Stock Market Update

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

At the close in Casablanca, the Moroccan All Shares lost 0.70%.

Best Performers

The best performers of the session on the Moroccan All Shares were:
– Residences Dar Saada SA (CSE:RDS): rose 6.86% or 5.05 points to trade at 78.70 at the close.
– S2M (CSE:S2M): added 3.40% or 9.00 points to end at 274.00.
– Societe des Boissons du Maroc SA (CSE:SBM): up 2.60% or 59.00 points to 2,330.00 in late trade.

Worst Performers

The worst performers of the session were:
– CTM (CSE:CTM): fell 5.93% or 40.00 points to trade at 635.00 at the close.
– Micro Data SA (CSE:MIC): declined 4.29% or 27.90 points to end at 622.00.
– BCP (CSE:BCP): down 2.31% or 6.85 points to 290.10.

Market Overview

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 17, while 8 ended unchanged.

Commodity Prices

• Crude oil for January delivery was up 0.25% or 0.17 to $68.54 a barrel.
• Brent oil for February rose 0.06% or 0.04 to hit $72.18 a barrel.
• February Gold Futures contract rose 1.04% or 27.96 to trade at $2,713.76 a troy ounce.

Currency Exchange

• EUR/MAD was down 0.11% to 10.54.
• USD/MAD rose 0.24% to 10.01.

The US Dollar Index Futures was up 0.40% at 106.24.