Morocco stocks lower at close of trade; Moroccan All Shares down 0.37%

  • January 17, 2025

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

At the close in Casablanca, the Moroccan All Shares lost 0.37%.

The best performers of the session on the Moroccan All Shares were Residences Dar Saada SA (CSE: RDS ), which rose 9.98% or 10.40 points to trade at 114.60 at the close. Meanwhile, Disway SA (CSE: DWY ) added 6.98% or 45.00 points to end at 690.00 and Atlanta (CSE: ATL ) was up 5.11% or 7.20 points to 148.20 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE: SRM ), which fell 5.24% or 26.00 points to trade at 470.00 at the close. Wafa Assurance (CSE: WAA ) declined 4.09% or 200.00 points to end at 4,690.00 and Societe des Boissons du Maroc SA (CSE: SBM ) was down 3.54% or 84.00 points to 2,291.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 27 to 21 and 11 ended unchanged.

Shares in Residences Dar Saada SA (CSE: RDS ) rose to 5-year highs; gaining 9.98% or 10.40 to 114.60.

Crude oil for March delivery was down 0.35% or 0.27 to $77.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.43% or 0.35 to hit $80.94 a barrel, while the February Gold Futures contract fell 0.04% or 1.21 to trade at $2,749.69 a troy ounce.

EUR/MAD was up 0.08% to 10.35, while USD/MAD fell 0.23% to 10.05.

The US Dollar Index Futures was down 0.08% at 108.73.