Morocco stocks higher at close of trade; Moroccan All Shares up 0.19%

investing.com 29/08/2024 - 15:10 PM

Morocco Stock Market Update

Investing.com – Morocco stocks were higher after the close on Thursday, driven by gains in the Real Estate, Mining, and Pharmaceutical sectors.

At the close in Casablanca, the Moroccan All Shares rose 0.19%.

Best Performers

  • Cartier Saada (CSE:CRS): +9.99% (+3.68 points) to 40.52 at close.
  • IB Maroc Com SA (CSE:IBC): +9.97% (+3.51 points) to 38.70.
  • Jet Contractors (CSE:JET): +9.70% (+65.00 points) to 735.00.

Worst Performers

  • Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR): -8.15% (-5.50 points) to 62.00.
  • Stokvis Nord Afrique (CSE:SNA): -7.13% (-1.14 points) to 14.85.
  • Societe Equipement Domestique et Menager SA (CSE:EQD): -6.78% (-80.00 points) to 1,100.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 33 to 27, with 6 remaining unchanged.

Stocks in Cartier Saada (CSE:CRS) reached 5-year highs, while IB Maroc Com SA (CSE:IBC) hit 52-week highs, and Jet Contractors (CSE:JET) achieved all-time highs.

Commodity Prices

  • Crude oil for October: +2.32% (+1.73) to $76.25 per barrel.
  • Brent oil for November: +1.79% (+1.39) to $78.97 per barrel.
  • December Gold Futures: +0.74% (+18.75) to $2,556.55 per troy ounce.

Currency Exchange

  • EUR/MAD: +0.17% to 10.77.
  • USD/MAD: unchanged at 9.67.

US Dollar Index Futures: +0.38% at 101.38.




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