Morocco’s equities ended higher on Tuesday, with the Moroccan All Shares index up 0.11% at the close of trade in Casablanca.
Advancing issues outpaced declines, with 21 stocks rising, 36 falling and nine unchanged. The gains were led by the banking, beverage and transport sectors, which supported the broader market advance.
The Moroccan All Shares index added 0.11% for the session. Among individual movers, Zellidja S.A. rose 6.30%, or 19.55 points, to close at 329.85. Fenie Brossette gained 4.26%, or 16.50 points, ending at 403.50, while Managem advanced 3.53%, or 60.00 points, to 1,760.00.
Decliners included M2M Group, which fell 3.93%, or 16.30 points, to 398.50. IB Maroc Com SA dropped 3.65%, or 2.16 points, to 57.00, and Nationale d’Electrolyse et de Petrochimie Ste SA declined 3.59%, or 13.50 points, to 362.50.
Commodities showed mixed performance, with October crude oil up 0.66% to $84.29 per barrel, while Brent crude for October delivery rose 0.44% to $91.27. December gold futures fell 1.18% to $4,421.12 per troy ounce.
Foreign exchange movements were modest, with the euro up 0.11% against the Moroccan dirham at 10.76, while the U.S. dollar was little changed at 9.30. The U.S. Dollar Index futures slipped 0.02% to 99.52.
