April 30, 2025

Morocco stocks higher at close of trade; Moroccan All Shares up 0.11%

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Banking , Beverage and Transport sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.11%.

The best performers of the session on the Moroccan All Shares were M2M Group (CSE: M2M ), which rose 4.34% or 22.80 points to trade at 547.80 at the close. Meanwhile, IB Maroc Com SA (CSE: IBC ) added 3.35% or 1.29 points to end at 39.79 and Taqa Morocco SA (CSE: TQM ) was up 2.09% or 49.00 points to 2,399.00 in late trade.

The worst performers of the session were Residences Dar Saada SA (CSE: RDS ), which fell 8.11% or 9.00 points to trade at 102.00 at the close. Fenie Brossette (CSE: FBR ) declined 3.15% or 9.30 points to end at 285.60 and Realis. Mecaniques (CSE: SRM ) was down 2.96% or 14.50 points to 475.50.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 24 and 7 ended unchanged.

Shares in Taqa Morocco SA (CSE: TQM ) rose to all time highs; rising 2.09% or 49.00 to 2,399.00.

Crude oil for June delivery was down 0.70% or 0.42 to $60.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.90% or 0.57 to hit $62.71 a barrel, while the June Gold Futures contract fell 0.46% or 15.29 to trade at $3,318.31 a troy ounce.

EUR/MAD was down 0.22% to 10.53, while USD/MAD unchanged 0.00% to 9.26.

The US Dollar Index Futures was up 0.18% at 99.20.

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