Morocco shares lower at close of trade; Moroccan All Shares down 0.78%

Source Investing

Investing.com – Morocco equities were lower at the close on Tuesday, as losses in the Invest Companies&Other Finance, Oil&Gas and Pharmaceutical Industry sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.78% to hit a new 1-month low.

The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CSE:CRS), which rose 4.95% or 1.69 points to trade at 35.80 at the close. IB Maroc Com SA (CSE:IBC) added 3.65% or 1.35 points to end at 38.38 and Afric Industries Sa (CSE:AFI) was up 2.14% or 6.50 points to 310.00 in late trade.

Biggest losers included Realis. Mecaniques (CSE:SRM), which lost 9.69% or 45.85 points to trade at 427.10 in late trade. Societe Equipement Domestique et Menager SA (CSE:EQD) declined 7.52% or 88.00 points to end at 1,082.00 and Ste Promotion Pharmaceutique du Maghreb SA (CSE:PRO) shed 5.93% or 60.00 points to 952.00.

Declining stocks outnumbered rising ones by 36 to 12 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 5.15% or 3.80 to $70.03 a barrel. Meanwhile, Brent oil for delivery in December fell 4.87% or 3.77 to hit $73.69 a barrel, while the December Gold Futures contract rose 0.38% or 10.10 to trade at $2,675.70 a troy ounce.

EUR/MAD was up 0.19% to 10.73, while USD/MAD unchanged 0.02% to 9.80.

The US Dollar Index Futures was down 0.14% at 102.93.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold rebounds to $3,946 off $3,870 as oil does the Fed's work — but the ETF bid is still missingGold closed at $3,946, up 1.84% from a one-year low of $3,870.25, as Brent's 7.6% slide cut December hike odds to 77%. ETF holdings are still shrinking — a short-covering bounce, not new money.
Author  Irene Q.
Nov 03, Tue
Gold closed at $3,946, up 1.84% from a one-year low of $3,870.25, as Brent's 7.6% slide cut December hike odds to 77%. ETF holdings are still shrinking — a short-covering bounce, not new money.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 5, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 5, 2026. Read on for the details.
Author  Mitrade
Nov 05, Thu
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 5, 2026. Read on for the details.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 6, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 6, 2026. Read on for the details.
Author  Mitrade
Yesterday 01: 36
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 6, 2026. Read on for the details.
placeholder
Gold's $250 week runs into the last payrolls before DecemberSpot gold traded at $4,080.79 after a roughly 6% weekly rally from the Oct 30 low of $3,869.85, touching $4,146.63 on Nov 5. Three bids are stacked into the move: real-rate relief, record official-sector buying, and a geopolitical premium. Tonight's October payrolls (+65K consensus, 4.2% unemployment) decide which bid survives, with $4,000 and $4,200 as the two lines.
Author  Irene Q.
Yesterday 03: 03
Spot gold traded at $4,080.79 after a roughly 6% weekly rally from the Oct 30 low of $3,869.85, touching $4,146.63 on Nov 5. Three bids are stacked into the move: real-rate relief, record official-sector buying, and a geopolitical premium. Tonight's October payrolls (+65K consensus, 4.2% unemployment) decide which bid survives, with $4,000 and $4,200 as the two lines.
placeholder
Micron's $4.5 billion Taiwan fab won't make a chip until 2028 — the market sold it as a 2026 problemMicron fell 17.46% to $656.39 after Bloomberg reported construction at its $4.5 billion Taoyuan Fab 11E had all but halted over a labor dispute. The plant was not due online until 2028, so no 2026 output is lost. With FY27 EPS consensus near $160 and 2027 HBM sold out, the selloff is a peak-cycle multiple reset, not a demand collapse — and $650 is the line that separates the two.
Author  Irene Q.
Yesterday 03: 28
Micron fell 17.46% to $656.39 after Bloomberg reported construction at its $4.5 billion Taoyuan Fab 11E had all but halted over a labor dispute. The plant was not due online until 2028, so no 2026 output is lost. With FY27 EPS consensus near $160 and 2027 HBM sold out, the selloff is a peak-cycle multiple reset, not a demand collapse — and $650 is the line that separates the two.
goTop
quote