1 month ago
Stock Market

Morocco stocks higher at close of trade; Moroccan All Shares up 0.35%

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

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

At the close in Casablanca, the Moroccan All Shares gained 0.35%.

The best performers of the session on the Moroccan All Shares were Taslif (CS:TSF1), which rose 5.77% or 1.50 points to trade at 27.50 at the close. Meanwhile, AFMA SA (CS:AFM) added 4.72% or 42 points to end at 942 and Realis. Mecaniques (CS:SRM) was up 4.65% or 10.00 points to 225.00 in late trade.

The worst performers of the session were Med Paper (CS:PAP), which fell 5.98% or 1.40 points to trade at 22.00 at the close. CTM (CS:CTM) declined 5.63% or 49.00 points to end at 821.00 and Lydec (CS:LYD) was down 5.00% or 25.00 points to 475.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 19 to 16 and 9 ended unchanged.

Crude oil for March delivery was up 1.25% or 0.66 to $53.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.34% or 0.21 to hit $61.35 a barrel, while the February Gold Futures contract fell 0.21% or 2.65 to trade at $1281.35 a troy ounce.

EUR/MAD was down 0.08% to 10.8625, while USD/MAD rose 0.44% to 9.5954.

The US Dollar Index Futures was up 0.45% at 96.203.