Morocco shares lower at close of trade; Moroccan All Shares down 0.10%

Source Investing

Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Hotels, Restaurants&Leisure, Beverage and Holding Companies sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.10%.

The biggest gainers of the session on the Moroccan All Shares were Ste Nationale de Siderurgie SA (CSE:SID), which rose 7.88% or 65.00 points to trade at 890.00 at the close. CDM (CSE:CDM) added 4.28% or 39.00 points to end at 950.00 and Realis. Mecaniques (CSE:SRM) was up 4.09% or 18.00 points to 458.00 in late trade.

Biggest losers included Risma (CSE:RIS), which lost 4.52% or 9.85 points to trade at 208.00 in late trade. Societe des Boissons du Maroc SA (CSE:SBM) declined 3.80% or 93.00 points to end at 2,352.00 and Jet Contractors (CSE:JET) shed 2.84% or 44.00 points to 1,506.00.

Declining stocks outnumbered rising ones by 28 to 19 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.25% or 0.86 to $69.47 a barrel. Meanwhile, Brent oil for delivery in January rose 1.14% or 0.82 to hit $72.98 a barrel, while the December Gold Futures contract fell 1.95% or 54.70 to trade at $2,746.10 a troy ounce.

EUR/MAD was up 0.22% to 10.69, while USD/MAD fell 0.14% to 9.83.

The US Dollar Index Futures was up 0.18% at 104.05.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD drifts toward $4.300 with bears gaining tractionGold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
Author  FXStreet
10 hours ago
Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
placeholder
Bitcoin Cash Surges 30% in Single Day as Catch-Up Rally Explodes, Far Outpacing BTCBitcoin Cash launches catch-up rally, surging 30% in a single day and approaching the $350 mark.On September 23, Bitcoin Cash (BCH) experienced a surge, soaring 30% intraday, far exceedin
Author  TradingKey
12 hours ago
Bitcoin Cash launches catch-up rally, surging 30% in a single day and approaching the $350 mark.On September 23, Bitcoin Cash (BCH) experienced a surge, soaring 30% intraday, far exceedin
placeholder
Memory chips surge, Nasdaq notches a second straight record close — why the Dow fell 185 points anywayMicron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
Author  Irene Q.
14 hours ago
Micron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
placeholder
October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changedRate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
Author  Irene Q.
14 hours ago
Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
placeholder
US Special Envoy Witkoff says mediators completed round of US-Iran talksUnited States (US) Special Envoy to the Middle East, Steve Witkoff, said the US held "lengthy" indirect talks with the Iranian delegation via mediators on the sidelines of the United Nations General Assembly (UNGA), Reuters reported on Tuesday.
Author  FXStreet
19 hours ago
United States (US) Special Envoy to the Middle East, Steve Witkoff, said the US held "lengthy" indirect talks with the Iranian delegation via mediators on the sidelines of the United Nations General Assembly (UNGA), Reuters reported on Tuesday.
goTop
quote