Morocco shares higher at close of trade; Moroccan All Shares up 1.21%

Source Investing

Investing.com – Morocco equities were higher at the close on Friday, as gains in the Real Estate, Mining and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 1.21% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM), which rose 9.99% or 57.80 points to trade at 636.60 at the close. Jet Contractors (CSE:JET) added 6.43% or 100.00 points to end at 1,655.00 and Douja Prom Addoha (CSE:ADH) was up 6.17% or 2.15 points to 37.00 in late trade.

Biggest losers included Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI), which lost 3.85% or 23.00 points to trade at 570.00 in late trade. Ennakl Automobiles (CSE:NKL) declined 3.03% or 1.00 points to end at 32.00 and Colorado (CSE:COL) shed 2.87% or 1.49 points to 50.40.

Advancing stocks outnumbered falling ones by 37 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 2.65% or 1.92 to $70.44 a barrel. Meanwhile, Brent oil for delivery in January fell 2.35% or 1.78 to hit $73.85 a barrel, while the December Gold Futures contract fell 0.41% or 11.20 to trade at $2,694.60 a troy ounce.

EUR/MAD was up 0.08% to 10.65, while USD/MAD rose 0.18% to 9.88.

The US Dollar Index Futures was up 0.24% at 104.62.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Silver Price Forecast: XAG/USD falls like house of cards on Fed’s hawkish narrativeSilver price (XAG/USD) is down 4.3% to near $61.50 during the European trading session on Monday. The white metal nosedives as elevated United States (US) Treasury Yields have diminished its appeal.
Author  FXStreet
9 hours ago
Silver price (XAG/USD) is down 4.3% to near $61.50 during the European trading session on Monday. The white metal nosedives as elevated United States (US) Treasury Yields have diminished its appeal.
placeholder
Gold Falls Below $4,200 in Single-Day Drop of Over $100: Why Are Gold Prices Plunging? As of the Asian session on September 28, international gold prices continued their recent weakness, with spot gold (XAUUSD) falling below $4,200 intraday to a low of $4,179.42, down over
Author  TradingKey
9 hours ago
As of the Asian session on September 28, international gold prices continued their recent weakness, with spot gold (XAUUSD) falling below $4,200 intraday to a low of $4,179.42, down over
placeholder
Four jobs reports in five days: what JOLTS, ADP, claims and the September payrolls mean for the October Fed decisionThe US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.
Author  Mitrade
11 hours ago
The US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.
placeholder
Brent edges toward $99 as Trump rejects Iran's Hormuz proposal — why the war-risk premium won't rebuildBrent crude rose 0.92% to $98.51 and WTI gained 1.15% to $93.51 after President Trump rejected Iran's seven-day proposal to reopen the Strait of Hormuz. But both benchmarks remain about 12% below their early-September highs, because supply never actually stopped. Hormuz flows ran at 33.7 million barrels this week, in line with the prior week, and Saudi Arabia's East-West pipeline restarted on September 22.
Author  Suzie
11 hours ago
Brent crude rose 0.92% to $98.51 and WTI gained 1.15% to $93.51 after President Trump rejected Iran's seven-day proposal to reopen the Strait of Hormuz. But both benchmarks remain about 12% below their early-September highs, because supply never actually stopped. Hormuz flows ran at 33.7 million barrels this week, in line with the prior week, and Saudi Arabia's East-West pipeline restarted on September 22.
placeholder
Middle East War updates: Trump says he expects renewed Iran talks this weekHere’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.
Author  FXStreet
16 hours ago
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.
goTop
quote