Morocco stocks lower at close of trade; Moroccan All Shares down 0.50%
Mar 05, 2025

Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Hotels, Restaurants & Leisure , Utilities and Real Estate sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.50%.

The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CSE: IBC ), which rose 8.40% or 3.05 points to trade at 39.35 at the close. Meanwhile, Fenie Brossette (CSE: FBR ) added 8.01% or 15.05 points to end at 202.90 and Maghreb Oxygene (CSE: MOX ) was up 6.82% or 30.00 points to 470.00 in late trade.

The worst performers of the session were Taqa Morocco SA (CSE: TQM ), which fell 4.01% or 67.00 points to trade at 1,603.00 at the close. Disway SA (CSE: DWY ) declined 3.31% or 24.00 points to end at 700.00 and CTM (CSE: CTM ) was down 3.06% or 35.00 points to 1,109.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 31 to 17 and 8 ended unchanged.

Shares in Fenie Brossette (CSE: FBR ) rose to 5-year highs; rising 8.01% or 15.05 to 202.90.

Crude oil for April delivery was down 4.09% or 2.79 to $65.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 3.43% or 2.44 to hit $68.60 a barrel, while the April Gold Futures contract rose 0.48% or 13.91 to trade at $2,934.51 a troy ounce.

EUR/MAD was up 0.54% to 10.48, while USD/MAD fell 0.52% to 9.80.

The US Dollar Index Futures was down 1.25% at 104.37.