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Morocco stocks lower at close of trade; Moroccan All Shares down 0.09%

by November 28, 2024
written by November 28, 2024

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Beverage, Transport and Utilities sectors led shares lower.

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

The best performers of the session on the Moroccan All Shares were Maghreb Oxygene (CSE:MOX), which rose 6.19% or 14.00 points to trade at 240.00 at the close. Meanwhile, M2M Group (CSE:M2M) added 5.36% or 28.00 points to end at 550.00 and S2M (CSE:S2M) was up 4.02% or 10.90 points to 281.90 in late trade.

The worst performers of the session were Societe des Boissons du Maroc SA (CSE:SBM), which fell 7.36% or 180.00 points to trade at 2,266.00 at the close. SMI (CSE:SMI) declined 6.18% or 135.00 points to end at 2,050.00 and Stokvis Nord Afrique (CSE:SNA) was down 5.53% or 0.91 points to 15.56.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 17 and 9 ended unchanged.

Crude oil for January delivery was up 0.26% or 0.18 to $68.90 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.37% or 0.27 to hit $72.57 a barrel, while the February Gold Futures contract rose 0.04% or 1.00 to trade at $2,665.80 a troy ounce.

EUR/MAD was up 0.09% to 10.56, while USD/MAD fell 0.19% to 10.01.

The US Dollar Index Futures was up 0.09% at 106.14.

This post appeared first on investing.com
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