Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.
At the close in Casablanca, the lost 0.53%.
The best performers of the session on the were Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:), which rose 9.98% or 4.94 points to trade at 54.44 at the close. Meanwhile, Realis. Mecaniques (CSE:) added 3.23% or 15.00 points to end at 480.00 and Cartier Saada (CSE:) was up 1.31% or 0.49 points to 37.99 in late trade.
The worst performers of the session were Involys , which fell 6.19% or 6.50 points to trade at 98.50 at the close. Societe des Boissons du Maroc SA (CSE:) declined 2.97% or 77.00 points to end at 2,513.00 and Stokvis Nord Afrique (CSE:) was down 2.80% or 0.45 points to 15.62.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 34 to 12 and 8 ended unchanged.
Crude oil for November delivery was up 1.65% or 1.16 to $71.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.53% or 1.12 to hit $74.33 a barrel, while the December Gold Futures contract rose 0.65% or 17.20 to trade at $2,669.70 a troy ounce.
EUR/MAD was up 0.15% to 10.78, while USD/MAD rose 0.08% to 9.70.
The US Dollar Index Futures was down 0.27% at 100.29.
Conclusion:
As we wrap up today’s market analysis, it’s clear that Morocco stocks experienced a downturn, with some sectors leading the losses. However, amidst the decline, there were notable performers that managed to rise against the tide. The energy market also saw some positive movement, with crude oil prices ticking up. Overall, it’s important for investors to stay updated on market trends and news to make informed decisions. For more insights and trending news articles, be sure to check out DeFi Daily News for the latest updates.
