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Morocco shares lower at close of trade; Moroccan All Shares down 1.13%

Published 25/11/2024, 15:10
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 1.13%
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Investing.com – Morocco equities were lower at the close on Monday, as losses in the Hotels, Restaurants & Leisure, Utilities and Banking sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 1.13%.

The biggest gainers of the session on the Moroccan All Shares were CTM (CSE:CTM), which rose 6.70% or 41.70 points to trade at 663.90 at the close. Disty Technologies SA (CSE:DYT) added 6.16% or 14.10 points to end at 243.00 and S2M (CSE:S2M) was up 4.81% or 13.00 points to 283.00 in late trade.

Biggest losers included Jet Contractors (CSE:JET), which lost 5.50% or 88.00 points to trade at 1,512.00 in late trade. CIH (CSE:CIH) declined 4.49% or 18.85 points to end at 401.15 and Attijariwafa Bank (CSE:ATW) shed 2.43% or 14.00 points to 561.00.

Declining stocks outnumbered rising ones by 34 to 13 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.98% or 1.41 to $69.83 a barrel. Meanwhile, Brent oil for delivery in February fell 1.93% or 1.44 to hit $73.19 a barrel, while the February Gold Futures contract fell 2.85% or 78.10 to trade at $2,659.10 a troy ounce.

EUR/MAD was up 0.47% to 10.53, while USD/MAD fell 0.09% to 10.05.

The US Dollar Index Futures was down 0.68% at 106.78.

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