Morocco shares higher at close of trade; Moroccan All Shares up 0.16%

Investing

Sep 23, 2024 3:40 PM

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Forestry&Paper, Oil&Gas and Transport sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.16% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Total Maroc SA (CSE:TMA), which rose 6.67% or 100.00 points to trade at 1,600.00 at the close. Atlanta (CSE:ATL) added 4.49% or 5.80 points to end at 135.00 and Stokvis Nord Afrique (CSE:SNA) was up 3.68% or 0.57 points to 16.07 in late trade.

Biggest losers included Realis. Mecaniques (CSE:SRM), which lost 3.72% or 17.95 points to trade at 465.00 in late trade. Fenie Brossette (CSE:FBR) declined 2.85% or 3.25 points to end at 110.75 and Cartier Saada (CSE:CRS) shed 2.60% or 1.00 points to 37.50.

Advancing stocks outnumbered falling ones by 26 to 24 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.17% or 0.12 to $70.88 a barrel. Meanwhile, Brent oil for delivery in December fell 0.15% or 0.11 to hit $73.58 a barrel, while the December Gold Futures contract rose 0.22% or 5.90 to trade at $2,652.10 a troy ounce.

EUR/MAD was down 0.49% to 10.77, while USD/MAD unchanged 0.01% to 9.68.

The US Dollar Index Futures was up 0.15% at 100.58.

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