Morocco stocks higher at close of trade; Moroccan All Shares up 0.03%
Jan 27, 2025

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Mining , Hotels, Restaurants & Leisure and Telecoms sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.03%.

The best performers of the session on the Moroccan All Shares were Managem (CSE: MNG ), which rose 4.13% or 126.00 points to trade at 3,178.00 at the close. Meanwhile, S2M (CSE: S2M ) added 3.61% or 13.00 points to end at 373.00 and CIH (CSE: CIH ) was up 3.46% or 14.90 points to 445.00 in late trade.

The worst performers of the session were Douja Prom Addoha (CSE: ADH ), which fell 2.39% or 1.10 points to trade at 45.00 at the close. Med Paper (CSE: MDP ) declined 2.17% or 0.50 points to end at 22.50 and Salafin (CSE: SLF ) was down 1.68% or 10.00 points to 585.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 30 to 22 and 4 ended unchanged.

Shares in S2M (CSE: S2M ) rose to all time highs; rising 3.61% or 13.00 to 373.00. Shares in CIH (CSE: CIH ) rose to 5-year highs; up 3.46% or 14.90 to 445.00.

Crude oil for March delivery was down 0.32% or 0.24 to $74.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.31% or 0.24 to hit $77.31 a barrel, while the April Gold Futures contract fell 1.13% or 31.81 to trade at $2,774.79 a troy ounce.

EUR/MAD was unchanged 0.02% to 10.47, while USD/MAD rose 0.06% to 9.97.

The US Dollar Index Futures was down 0.17% at 107.07.