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Morocco stocks higher at close of trade; Moroccan All Shares up 0.21%

Published 10/28/2024, 11:10 AM
Updated 10/28/2024, 11:15 AM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.21%
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Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Holding Companies, Real Estate and Distributors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.21%.

The best performers of the session on the Moroccan All Shares were S2M (CSE:S2M), which rose 8.10% or 17.00 points to trade at 227.00 at the close. Meanwhile, Jet Contractors (CSE:JET) added 7.68% or 112.00 points to end at 1,570.00 and Fenie Brossette (CSE:FBR) was up 7.50% or 7.95 points to 113.95 in late trade.

The worst performers of the session were CTM (CSE:CTM), which fell 4.43% or 29.70 points to trade at 640.00 at the close. Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) declined 4.24% or 20.70 points to end at 468.00 and M2M Group (CSE:M2M) was down 3.85% or 22.00 points to 550.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 23 and 8 ended unchanged.

Shares in Jet Contractors (CSE:JET) rose to all time highs; up 7.68% or 112.00 to 1,570.00.

Crude oil for December delivery was down 5.22% or 3.75 to $68.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 5.09% or 3.85 to hit $71.78 a barrel, while the December Gold Futures contract fell 0.04% or 1.05 to trade at $2,753.55 a troy ounce.

EUR/MAD was down 0.13% to 10.67, while USD/MAD fell 0.35% to 9.86.

The US Dollar Index Futures was down 0.08% at 104.05.

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