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
【Daily Brief】10-year Treasury yield briefly tops 5%, S&P 500 slips to 7,602 and the dollar firms at 99.3 as the Fed's decision eve beginsThe 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.
Author  Irene Q.
Sep 15, Tue
The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.
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.
Sep 23, Wed
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
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.
Sep 23, Wed
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
US input costs rose at the fastest pace in four years — the September flash PMI beat is an inflation story, not a growth storyUS September flash PMIs came in far above expectations, with the composite at 58.4, a five-year high. But the detail that moved markets was input cost inflation at its fastest since October 2022, driven by fuel, transport and supply shortages. Brent is back above $100 and the 10-year Treasury yield has hit its highest since 2007.
Author  Suzie
Sep 24, Thu
US September flash PMIs came in far above expectations, with the composite at 58.4, a five-year high. But the detail that moved markets was input cost inflation at its fastest since October 2022, driven by fuel, transport and supply shortages. Brent is back above $100 and the 10-year Treasury yield has hit its highest since 2007.
placeholder
WTI (USOIL) Is down 2.03% on Sep 25: Here Is WhyWTI (USOIL) is down 2.03% at Sep 24 22:20(UTC+0), now at $92.517, with a 7-day down of 3.63%.What is driving WTI (USOIL)’s stock price down today?The drop in WTI crude oil prices was primarily driven by
Author  TradingKey
Sep 25, Fri
WTI (USOIL) is down 2.03% at Sep 24 22:20(UTC+0), now at $92.517, with a 7-day down of 3.63%.What is driving WTI (USOIL)’s stock price down today?The drop in WTI crude oil prices was primarily driven by
goTop
quote