Bond.az White LogoBond.az Black Logo

Morocco stocks lower at close

Morocco stocks closed lower on Friday, with the All Shares index down 1.74% to a 1-month low. Sector losses and currency rates included.

Sarah Johnson
BySarah Johnson- Senior Editor
|
0

Bond.az – Morocco stocks were lower after the close on Friday, as losses in the Utilities, Banking and Mining sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 1.74% to hit a new 1-month low.

The best performers: Involys (CSE:INV) rose 3.45% to 150.00. Auto Hall (CSE:ATH) added 2.37% to 72.90. Aluminum du Maroc SA (CSE:ALM) was up 1.39% to 1,896.00.

The worst performers: SMI (CSE:SMI) fell 9.99% to 10,612.00. Miniere Touissit (CSE:CMT) declined 9.98% to 4,680.00. Managem (CSE:MNG) was down 8.50% to 14,000.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 46 to 11, with 2 unchanged.

Auto Hall (CSE:ATH) rose to 52-week lows, up 2.37% to 72.90.

Crude oil for June delivery was up 3.22% to $104.43 a barrel. Brent oil for July delivery rose 2.85% to $108.73. Gold Futures fell 2.61% to $4,562.80.

EUR/MAD was unchanged at 10.74. USD/MAD rose 0.52% to 9.23.

The US Dollar Index Futures was up 0.42% at 99.14.

More News
Today / 15:22
|
809

Airlines not interested in Spirit assets

Airlines show no interest in Spirit Airlines' aircraft assets due to cabin configuration issues, according to BofA analyst. Strong demand continues.

0
Today / 15:14
|
345

Fed lifts enforcement actions against UBS, Credit Suisse

The Federal Reserve terminated enforcement actions against UBS and Credit Suisse units, effective May 12. No reasons for the original actions or termination were disclosed.

0
Today / 15:13
|
665

Starbucks Plans More Overseas Job Cuts

Starbucks cuts 300 U.S. jobs and plans more overseas layoffs, incurring $400M in restructuring charges.

0
Today / 14:54
|
393

Global chip stocks fall: KOSPI selloff, US-Iran talks stall

Global chip stocks fell due to a KOSPI selloff and stalled US-Iran talks. Samsung, Nvidia, and other semiconductor firms declined.

0
Today / 14:52
|
343

BofA Expects New Gemini Launch at Google I/O

Bank of America expects Google to launch new Gemini LLM and AI capabilities at I/O 2024. Analysis, forecasts, and market impact.

0
Today / 14:43
|
246

Arm, Intel among market cap movers

Arm and Intel are among Friday's top market cap movers. Get the latest stock movements on Bond.az.

0
Today / 14:11
|
454

Why is Intel stock sliding today?

Intel shares fell 7.66% due to market share loss, foundry issues, and macro pressures. Analysis on Bond.az.

0
Today / 13:23
|
650

Starbucks cuts 300 US corporate jobs

Starbucks cuts 300 U.S. corporate jobs and closes regional offices in Atlanta, Burbank, Chicago, and Dallas.

0
Today / 13:11
|
277

WEX stock rises on $1B buyback plan

WEX Inc announces $1 billion share buyback program. Shares up 2.6%. David Foss appointed Chair of the Board.

0
Today / 12:31
|
513

Diageo Executives Exit as Lewis Overhauls

Diageo CEO Dave Lewis replaces top executives after weak sales. Three senior leaders leave as part of restructuring.

0
Today / 11:42
|
789

Datavault AI Revenue Jumps 443%

Datavault AI reports 443% revenue jump to $3.4M in Q1, reiterates $200M full-year target. Tokenization contracts and $120M funding drive growth.

0
Today / 11:41
|
865

FTSE 100 falls on Labour turmoil; Trump leaves China

FTSE 100 falls 1.3% amid UK Labour leadership turmoil. Trump leaves China on upbeat note, announces trade deals. Bond.az covers the latest.

0
...