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Morocco shares higher at close of trade; Moroccan All Shares up 0.04%

Published 22/10/2024, 16:10
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.04%
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Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Hotels, Restaurants & Leisure, Insurance and Forestry & Paper sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.04%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CSE:IBC), which rose 8.70% or 2.97 points to trade at 37.09 at the close. Residences Dar Saada SA (CSE:RDS) added 6.24% or 4.70 points to end at 80.00 and Fenie Brossette (CSE:FBR) was up 4.60% or 4.70 points to 106.80 in late trade.

Biggest losers included Miniere Touissit (CSE:CMT), which lost 6.70% or 96.00 points to trade at 1,336.00 in late trade. Involys (CSE:INV) declined 5.23% or 5.24 points to end at 95.01 and Stokvis Nord Afrique (CSE:SNA) shed 4.21% or 0.64 points to 14.56.

Declining stocks outnumbered rising ones by 26 to 19 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.84% or 1.29 to $71.33 a barrel. Meanwhile, Brent oil for delivery in December rose 1.66% or 1.23 to hit $75.52 a barrel, while the December Gold Futures contract rose 0.70% or 19.25 to trade at $2,758.15 a troy ounce.

EUR/MAD was down 0.36% to 10.72, while USD/MAD unchanged 0.00% to 9.90.

The US Dollar Index Futures was down 0.01% at 103.83.

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