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Morocco shares lower at close of trade; Moroccan All Shares down 0.32%

Published 18/10/2024, 16:10
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.32%
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Investing.com – Morocco equities were lower at the close on Friday, as losses in the Real Estate, Forestry & Paper and Pharmaceutical Industry sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.32%.

The biggest gainers of the session on the Moroccan All Shares were Jet Contractors (CSE:JET), which rose 9.31% or 108.00 points to trade at 1,268.00 at the close. IB Maroc Com SA (CSE:IBC) added 8.29% or 2.90 points to end at 37.90 and Involys (CSE:INV) was up 4.37% or 4.20 points to 100.30 in late trade.

Biggest losers included Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR), which lost 4.79% or 2.49 points to trade at 49.50 in late trade. Atlanta (CSE:ATL) declined 4.32% or 6.00 points to end at 133.00 and SMI (CSE:SMI) shed 4.20% or 92.00 points to 2,100.00.

Declining stocks outnumbered rising ones by 29 to 18 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.36% or 1.67 to $69.00 a barrel. Meanwhile, Brent oil for delivery in December fell 2.22% or 1.65 to hit $72.80 a barrel, while the December Gold Futures contract rose 0.97% or 26.20 to trade at $2,733.70 a troy ounce.

EUR/MAD was up 0.08% to 10.74, while USD/MAD fell 0.06% to 9.90.

The US Dollar Index Futures was down 0.28% at 103.36.

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