26 December 2024

Investing.com – Moroccan stock indices fell after the close on Wednesday, as losses in sectors led stocks to decline.

At the end of trading in Casablanca, it lost 0.16%, reaching its lowest level in a month.

Among the best performers of the day were Ste Travaux de Realization d'Ouvrages et de Constuction Industielle SA (CSE:), which rose 4.19%, or 1.80 points, to trade at 44.80 at the close. On the other hand, IB Maroc Com SA (CSE:) shares continued to rise by 2.88%, or 0.95 points, and closed at 33.95, while Cartier Saada (CSE:) shares rose by 2.79%, or 0.95 points, to 34.95 at the end of the session.

As for the weakest performance at the end of today’s trading, SMI (CSE:) stock closed down 4.08%, or 84.00 points, and traded at 1,975.00 at the close. Total Morocco SA (CSE:) declined by 3.33%, or 50.00 points, to a price of 1,450.00, while Delta Holding SA (CSE:) declined by 3.19%, or 1.70 points, to a price of 51.60.

The number of declining shares exceeded the number of gaining shares on the Casablanca Stock Exchange by 32 shares compared to 16 shares, and 7 shares closed without change.

Crude oil futures for February delivery fell 0.09%, or 0.06, to close at $70.10 per barrel. Elsewhere in commodities trading, Brent crude for March delivery rose 1.24%, or 0.90, to $73.22 per barrel, while the February gold contract was unchanged, 0.00%, or 0.00, at $2,633.50 per ounce.

EUR/MAD was unchanged by 0.00% to 10.48, while USD/MAD fell by 0.10% to 10.07.

US dollar index futures rose 0.18% to 108.00.

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