Morocco’s stock market experienced a decline on Tuesday, driven by losses in various sectors. Specifically, the Casablanca Stock Exchange’s main index fell by 0.53% at the close of trading.
Among the top performers of the session, Ste de Travaux de Realisation d’Ouvrages et de Construction Industrielle SA saw a significant rise of 9.98%, closing at 54.44 points. Another notable gainer, Realis. Mecaniques, increased by 3.23% to end the session at 480.00 points, while Cartier Saada was up by 1.31%, finishing at 37.99 points.
Conversely, Involys suffered the largest decline, dropping 6.19% to 98.50 points. Societe des Boissons du Maroc SA fell by 2.97%, closing at 2,513.00 points, and Stokvis Nord Afrique decreased by 2.80%, ending at 15.62 points.
Overall, the number of falling stocks surpassed those that advanced, with 34 stocks declining, 12 advancing, and 8 remaining unchanged.
In commodities trading, crude oil for November delivery rose by 1.65% to $71.53 a barrel, while Brent oil for December delivery increased by 1.53% to $74.33 a barrel. December Gold Futures also saw an uptick, climbing 0.65% to trade at $2,669.70 per troy ounce.
In the currency market, EUR/MAD was up by 0.15% to 10.78, and USD/MAD rose by 0.08% to 9.70. Conversely, the US Dollar Index Futures declined by 0.27% to 100.29.