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Morocco stocks rise 1.06% at close

Morocco stocks closed higher on Thursday, gaining 1.06%. Banking, Beverage and Transport sectors led the rally. Bond.az reports.

Zoe Allen
ByZoe Allen- Senior Editor
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Bond.az – Morocco stocks were higher after the close on Thursday, as gains in the Banking, Beverage and Transport sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 1.06%.

The best performers include Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI), which rose 5.73% to 589.00; Cartier Saada (CSE:CRS) added 4.73% to 31.00; and Auto Hall (CSE:ATH) was up 4.38% to 70.98.

The worst performers were Aluminum du Maroc SA (CSE:ALM), falling 6.18% to 1,866.00; Societe des Boissons du Maroc SA (CSE:SBM) declined 4.92% to 2,280.00; and S2M (CSE:S2M) was down 4.44% to 560.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 41 to 17, with 3 unchanged.

Crude oil for July delivery was up 3.84% to $102.03 a barrel. Brent oil rose 3.16% to $108.34, while June Gold Futures fell 1.24% to $4,501.67.

EUR/MAD was up 0.11% to 10.73, USD/MAD rose 0.15% to 9.24, and the US Dollar Index Futures was up 0.31%.

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Morocco stocks rise 1.06% at close | Bond.az