Morocco stocks higher at close of trade; Moroccan All Shares up 0.92% By Investing.com

Investing.com – Moroccan stocks rose after the close on Wednesday, as gains in sectors led stocks higher.

At the end of trading in Casablanca, the stock rose by 0.92%.

The best performers of the session were Realis. Mechanics (CSE:) stock rose by 5.46%, or 23.30 points, and its price reached 449.85 at closing. On the other hand, Morocco Energy shares (CSE:) continued to rise by 3.23%, or 50.00 points, and closed at 1,599.00, while Jet Contractors (CSE:) shares rose by 3.13%, or 36.00 points, to 1,186.00 at the end of the session.

As for the weakest performance at the end of today’s trading, Marocaine pour le Commerce et l’Industrie Banque SA (CSE:) stock closed down by 6.02%, or 36.00 points, and traded at 560.00 levels at the close. Cartier Saada shares (CSE:) declined by 5.47%, or 1.98 points, to a price of 34.25, while SMI shares (CSE:) decreased by 3.00%, or 65.00 points, to a price of 2,105.00.

Advancing stocks outperformed declining stocks on the Casablanca Stock Exchange by 26 to 18, and 6 stocks closed unchanged.

Shares of Morocco Energy Company (CSE:) rose to all-time highs; Up 3.23% or 50.00 to reach 1,599.00.

Crude oil futures for November delivery fell 0.90%, or 0.66, to close at $72.91 per barrel. Elsewhere in commodity trading, Brent crude for December delivery fell 1.06%, or 0.82, to $76.36 per barrel, while gold futures for December fell 0.07%, or 1.90, to close at $2,633.50 per ounce.

EUR/AED fell 0.10% to 10.76, while USD/AED rose 0.06% to 9.81.

US dollar index futures rose 0.22% to 102.53.

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