Morocco stocks lower at close of trade; Moroccan All Shares down 1.25%
Jan 21, 2025

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

At the close in Casablanca, the Moroccan All Shares lost 1.25%.

The best performers of the session on the Moroccan All Shares were S2M (CSE: S2M ), which rose 4.93% or 16.20 points to trade at 345.00 at the close. Meanwhile, Taqa Morocco SA (CSE: TQM ) added 2.03% or 28.00 points to end at 1,409.00 and Total Maroc SA (CSE: TMA ) was up 1.86% or 29.00 points to 1,589.00 in late trade.

The worst performers of the session were Med Paper (CSE: MDP ), which fell 5.92% or 1.39 points to trade at 22.10 at the close. Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE: STR ) declined 5.53% or 2.60 points to end at 44.40 and Residences Dar Saada SA (CSE: RDS ) was down 5.44% or 6.50 points to 113.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 41 to 10 and 8 ended unchanged.

Shares in S2M (CSE: S2M ) rose to all time highs; rising 4.93% or 16.20 to 345.00.

Crude oil for March delivery was down 2.22% or 1.72 to $75.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.41% or 1.13 to hit $79.02 a barrel, while the February Gold Futures contract rose 0.07% or 2.04 to trade at $2,750.74 a troy ounce.

EUR/MAD was up 0.48% to 10.39, while USD/MAD rose 0.16% to 10.04.

The US Dollar Index Futures was down 0.91% at 108.21.