3 months ago
Stock Market

Morocco stocks higher at close of trade; Moroccan All Shares up 0.09%

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Forestry&Paper, Real Estate and Distributors

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Forestry&Paper, Real Estate and Distributors sectors led shares higher.

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

The best performers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 6.46% or 1.55 points to trade at 25.55 at the close. Meanwhile, Stroc Industrie (CS:STR) added 6.00% or 1.50 points to end at 26.50 and Auto Hall (CS:AUTO) was up 5.27% or 3.95 points to 78.95 in late trade.

The worst performers of the session were Wafa Assurance (CS:WASS), which fell 2.98% or 125 points to trade at 4075 at the close. Snep (CS:SNP) declined 2.46% or 10.80 points to end at 429.00 and Total Maroc SA (CS:TMA) was down 1.96% or 21.0 points to 1050.0.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 15 to 14 and 6 ended unchanged.

Shares in Snep (CS:SNP) fell to 52-week lows; down 2.46% or 10.80 to 429.00.

Crude oil for February delivery was up 2.81% or 1.31 to $47.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.24% or 1.26 to hit $57.52 a barrel, while the February Gold Futures contract rose 0.41% or 5.10 to trade at $1258.70 a troy ounce.

EUR/MAD was up 0.06% to 10.8890, while USD/MAD fell 0.42% to 9.5353.

The US Dollar Index Futures was down 0.46% at 96.123.