Morocco stocks higher at close of trade; Moroccan All Shares up 0.94%
Mar 28, 2025

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Insurance , Pharmaceutical Industry and Software & Computer Services sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.94%.

The best performers of the session on the Moroccan All Shares were M2M Group (CSE: M2M ), which rose 9.81% or 51.00 points to trade at 571.00 at the close. Meanwhile, Itissalat Al-Maghrib (CSE: IAM ) added 7.88% or 8.95 points to end at 122.50 and Total Maroc SA (CSE: TMA ) was up 7.50% or 129.00 points to 1,849.00 in late trade.

The worst performers of the session were Wafa Assurance (CSE: WAA ), which fell 8.93% or 500.00 points to trade at 5,100.00 at the close. CIH (CSE: CIH ) declined 4.65% or 20.00 points to end at 410.00 and IB Maroc Com SA (CSE: IBC ) was down 4.43% or 1.79 points to 38.61.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 28 to 27 and 4 ended unchanged.

Shares in Itissalat Al-Maghrib (CSE: IAM ) rose to 52-week highs; up 7.88% or 8.95 to 122.50. Shares in Total Maroc SA (CSE: TMA ) rose to 3-years highs; gaining 7.50% or 129.00 to 1,849.00.

Crude oil for May delivery was down 1.17% or 0.82 to $69.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.13% or 0.83 to hit $72.51 a barrel, while the June Gold Futures contract rose 0.84% or 26.09 to trade at $3,116.99 a troy ounce.

EUR/MAD was up 0.47% to 10.42, while USD/MAD rose 0.45% to 9.67.

The US Dollar Index Futures was down 0.27% at 103.71.