3 months ago
Stock Market

Morocco stocks higher at close of trade; Moroccan All Shares up 0.17%

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Holding Companies, Utilities and Food

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Holding Companies, Utilities and Food Producers&Processors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.17% to hit a new 1-month high.

The best performers of the session on the Moroccan All Shares were Delta Holding S.A (CS:DHO), which rose 8.25% or 2.50 points to trade at 32.80 at the close. Meanwhile, Stokvis Nord Afrique (CS:SNA) added 6.67% or 0.70 points to end at 11.20 and Fenie Brossette (CS:FBR) was up 6.04% or 4.90 points to 86.00 in late trade.

The worst performers of the session were Brasseries Du Maroc (CS:SBM), which fell 8.00% or 224 points to trade at 2575 at the close. Alliances (CS:ADI) declined 7.33% or 6 points to end at 73 and Taslif (CS:TSF1) was down 5.96% or 1.43 points to 22.57.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 17 to 15 and 3 ended unchanged.

Shares in Alliances (CS:ADI) fell to 52-week lows; falling 7.33% or 6 to 73.

Crude oil for January delivery was up 0.21% or 0.11 to $53.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.18% or 0.11 to hit $62.19 a barrel, while the February Gold Futures contract fell 0.30% or 3.80 to trade at $1242.80 a troy ounce.

EUR/MAD was up 0.02% to 10.7910, while USD/MAD fell 0.04% to 9.5086.

The US Dollar Index Futures was up 0.05% at 96.955.