Morocco stocks higher at close of trade; Moroccan All Shares up 0.49%

Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Holding Companies , Pharmaceutical Industry and Software & Computer Services sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.49%.

The best performers of the session on the Moroccan All Shares were M2M Group (CSE:M2M ), which rose 7.23% or 37.00 points to trade at 549.00 at the close. Meanwhile, Stokvis Nord Afrique (CSE:SNA ) added 5.16% or 0.80 points to end at 16.30 and Jet Contractors (CSE:JET ) was up 3.00% or 49.00 points to 1,680.00 in late trade.

The worst performers of the session were Fenie Brossette (CSE:FBR ), which fell 3.55% or 3.90 points to trade at 106.10 at the close. Managem (CSE:MNG ) declined 3.55% or 103.00 points to end at 2,797.00 and Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI ) was down 2.52% or 15.00 points to 580.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 32 to 21 and 5 ended unchanged.

Shares in Jet Contractors (CSE:JET ) rose to all time highs; rising 3.00% or 49.00 to 1,680.00.

Crude oil for January delivery was down 2.15% or 1.52 to $69.19 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.54% or 1.14 to hit $72.77 a barrel, while the February Gold Futures contract fell 0.59% or 15.66 to trade at $2,654.34 a troy ounce.

EUR/MAD was up 0.24% to 10.49, while USD/MAD rose 0.31% to 10.00.

The US Dollar Index Futures was up 0.01% at 106.57.

Source: Investing.com