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Morocco shares higher at close of trade; Moroccan All Shares up 0.09%

Published 04/10/2024, 16:10
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.09%
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Investing.com – Morocco equities were higher at the close on Friday, as gains in the Software & Computer Services, Construction & Building Materials and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.09%.

The biggest gainers of the session on the Moroccan All Shares were Jet Contractors (CSE:JET), which rose 9.91% or 105.00 points to trade at 1,165.00 at the close. Taqa Morocco SA (CSE:TQM) added 2.76% or 40.00 points to end at 1,490.00 and Hps (CSE:HPS) was up 2.61% or 15.00 points to 590.00 in late trade.

Biggest losers included Societe des Boissons du Maroc SA (CSE:SBM), which lost 5.59% or 142.00 points to trade at 2,400.00 in late trade. Marocaine Ste de Therapeutique SA (CSE:SOT) declined 4.50% or 43.00 points to end at 912.00 and Fenie Brossette (CSE:FBR) shed 3.80% or 4.15 points to 105.10.

Declining stocks outnumbered rising ones by 26 to 19 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.37% or 1.01 to $74.72 a barrel. Meanwhile, Brent oil for delivery in December rose 1.20% or 0.93 to hit $78.55 a barrel, while the December Gold Futures contract rose 0.33% or 8.80 to trade at $2,688.00 a troy ounce.

EUR/MAD was unchanged 0.01% to 10.79, while USD/MAD rose 0.08% to 9.78.

The US Dollar Index Futures was up 0.53% at 102.29.

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