2 months ago
Stock Market

Morocco stocks higher at close of trade; Moroccan All Shares up 0.48%

Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Transport, Forestry&Paper and Hotels, Restaurants&Leisure

Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Transport, Forestry&Paper and Hotels, Restaurants&Leisure sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.48%.

The best performers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 6.77% or 2.20 points to trade at 34.70 at the close. Meanwhile, CTM (CS:CTM) added 6.75% or 55.00 points to end at 870.00 and Timar (CS:TIM) was up 4.55% or 9.00 points to 207.00 in late trade.

The worst performers of the session were AFMA SA (CS:AFM), which fell 6.77% or 65 points to trade at 895 at the close. Salafin (CS:SLF) declined 6.56% or 62 points to end at 883 and Sonasid (CS:SOND) was down 4.11% or 17 points to 386.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 13 and 4 ended unchanged.

Shares in Salafin (CS:SLF) fell to 52-week lows; falling 6.56% or 62 to 883. Shares in Sonasid (CS:SOND) fell to 52-week lows; falling 4.11% or 17 to 386.

Crude oil for March delivery was down 3.00% or 1.62 to $52.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 2.98% or 1.87 to hit $60.87 a barrel, while the February Gold Futures contract rose 0.03% or 0.35 to trade at $1282.95 a troy ounce.

EUR/MAD was down 0.00% to 10.8645, while USD/MAD rose 0.02% to 9.5626.

The US Dollar Index Futures was down 0.04% at 95.953.