Morocco stocks higher at close of trade; Moroccan All Shares up 0.77%

Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Real Estate , Construction & Building Materials and Food Producers & Processors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.77% to hit a new all time high.

The best performers of the session on the Moroccan All Shares were Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR ), which rose 5.41% or 2.49 points to trade at 48.49 at the close. Meanwhile, Societe d’Exploitation des Ports SA (CSE:MSA ) added 3.15% or 17.00 points to end at 557.00 and Risma (CSE:RIS ) was up 2.79% or 5.80 points to 213.80 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE:SRM ), which fell 9.99% or 52.95 points to trade at 477.05 at the close. IB Maroc Com SA (CSE:IBC ) declined 6.67% or 2.40 points to end at 33.60 and Colorado (CSE:COL ) was down 2.89% or 1.52 points to 51.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 22 and 12 ended unchanged.

Shares in Societe d’Exploitation des Ports SA (CSE:MSA ) rose to all time highs; up 3.15% or 17.00 to 557.00.

Crude oil for January delivery was up 0.80% or 0.55 to $69.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.76% or 0.56 to hit $73.86 a barrel, while the December Gold Futures contract rose 0.67% or 17.40 to trade at $2,632.00 a troy ounce.

EUR/MAD was unchanged 0.02% to 10.55, while USD/MAD fell 0.21% to 9.99.

The US Dollar Index Futures was up 0.07% at 106.28.

Source: Investing.com