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Morocco stocks lower at close of trade; Moroccan All Shares down 0.04%

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December 27, 2024
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Morocco stocks lower at close of trade; Moroccan All Shares down 0.04%

Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Beverage, Insurance and Utilities sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.04%.

The best performers of the session on the Moroccan All Shares were CTM (CSE:CTM), which rose 9.99% or 82.40 points to trade at 907.30 at the close. Meanwhile, Delta Holding S.A (CSE:DHO) added 5.54% or 2.94 points to end at 56.00 and IB Maroc Com SA (CSE:IBC) was up 2.76% or 0.94 points to 34.94 in late trade.

The worst performers of the session were Sanlam Maroc SA (CSE:SAH), which fell 9.97% or 186.00 points to trade at 1,679.00 at the close. Wafa Assurance (CSE:WAA) declined 4.40% or 198.00 points to end at 4,300.00 and Societe des Boissons du Maroc SA (CSE:SBM) was down 3.71% or 87.00 points to 2,260.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 22 and 12 ended unchanged.

Shares in CTM (CSE:CTM) rose to 3-years highs; up 9.99% or 82.40 to 907.30.

Crude oil for February delivery was up 0.93% or 0.65 to $70.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.81% or 0.59 to hit $73.44 a barrel, while the February Gold Futures contract fell 0.87% or 23.16 to trade at $2,630.74 a troy ounce.

EUR/MAD was up 0.47% to 10.53, while USD/MAD rose 0.22% to 10.09.

The US Dollar Index Futures was down 0.06% at 107.82.

This post appeared first on investing.com
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