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Morocco shares lower at close of trade; Moroccan All Shares down 1.19%

Published 01/10/2024, 16:10
Updated 01/10/2024, 16:16
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 1.19%
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Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Real Estate, Construction & Building Materials and Utilities sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 1.19%.

The biggest gainers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM), which rose 3.09% or 14.30 points to trade at 477.00 at the close. Fenie Brossette (CSE:FBR) added 2.80% or 3.00 points to end at 110.00 and Hps (CSE:HPS) was up 2.55% or 13.90 points to 560.00 in late trade.

Biggest losers included Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR), which lost 6.23% or 3.79 points to trade at 57.00 in late trade. Disty Technologies SA (CSE:DYT) declined 6.12% or 15.00 points to end at 230.00 and Cartier Saada (CSE:CRS) shed 5.41% or 2.00 points to 35.00.

Declining stocks outnumbered rising ones by 38 to 15 on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 4.03% or 2.75 to $70.92 a barrel. Meanwhile, Brent oil for delivery in December rose 3.78% or 2.71 to hit $74.41 a barrel, while the December Gold Futures contract rose 0.91% or 24.15 to trade at $2,683.55 a troy ounce.

EUR/MAD was down 0.32% to 10.82, while USD/MAD rose 0.63% to 9.75.

The US Dollar Index Futures was up 0.44% at 100.96.

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