May 2, 2025

Morocco stocks higher at close of trade; Moroccan All Shares up 0.68%

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

At the close in Casablanca, the Moroccan All Shares added 0.68%.

The best performers of the session on the Moroccan All Shares were Marocaine Ste de Therapeutique SA (CSE: SOT ), which rose 8.08% or 97.00 points to trade at 1,297.00 at the close. Meanwhile, Wafa Assurance (CSE: WAA ) added 4.92% or 241.00 points to end at 5,140.00 and Afriquia Gaz (CSE: GAZ ) was up 3.29% or 135.00 points to 4,235.00 in late trade.

The worst performers of the session were M2M Group (CSE: M2M ), which fell 4.89% or 26.80 points to trade at 521.00 at the close. Salafin (CSE: SLF ) declined 4.49% or 30.50 points to end at 649.50 and IB Maroc Com SA (CSE: IBC ) was down 4.35% or 1.73 points to 38.06.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 35 to 20 and 5 ended unchanged.

Shares in Marocaine Ste de Therapeutique SA (CSE: SOT ) rose to 52-week highs; up 8.08% or 97.00 to 1,297.00.

Crude oil for June delivery was down 1.18% or 0.70 to $58.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.03% or 0.64 to hit $61.49 a barrel, while the June Gold Futures contract rose 1.48% or 47.76 to trade at $3,269.96 a troy ounce.

EUR/MAD was down 0.23% to 10.51, while USD/MAD fell 0.27% to 9.27.

The US Dollar Index Futures was down 0.71% at 99.35.

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