Morocco stocks higher at close of trade; Moroccan All Shares up 2.84%

Investing.com -- Deutsche Bank struck an optimistic tone on the aerospace and defense sector entering 2025, citing improving production momentum at Boeing (NYSE:BA) and robust demand for key suppliers.

The bank upgraded RTX to "buy" with a $140 target, pointing to its strong aerospace growth and international defense exposure. Boeing, also rated a "buy," was highlighted for its cleaner balance sheet and operational momentum post-strike, with potential upside from international orders spurred by trade policies.

GE Aerospace was named the top aftermarket pick, supported by double-digit aftermarket growth expectations and a favorable valuation.

Among suppliers, Carpenter Technology (NYSE:CRS) and Howmet Aerospace were top ideas, driven by tight supply-demand dynamics and pricing power in niche markets. CRS has a 49% upside potential to its $250 price target, Deutsche Bank (ETR:DBKGn) said.

In defense, the note maintained a mixed outlook, acknowledging underperformance relative to the S&P 500 despite geopolitical tensions. However, expectations of accelerated budget growth in 2026 and trough-level valuations led the bank to be cautiously positive.

RTX, Northrop Grumman (NYSE:NOC) were named as preferred defense stocks, while Lockheed Martin (NYSE:LMT) was downgraded to "hold."

Investing.com – 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 rose 2.13% to hit a new all time high.

The best performers of the session on the Moroccan All Shares were Jet Contractors (CSE:JET), which rose 9.95% or 188.00 points to trade at 2,078.00 at the close. Meanwhile, CTM (CSE:CTM) added 9.94% or 109.00 points to end at 1,206.00 and Alliances (CSE:ADI) was up 8.33% or 40.00 points to 520.00 in late trade.

The worst performers of the session were Lesieur Cristal (CSE:LES), which fell 3.33% or 10.00 points to trade at 290.00 at the close. Stokvis Nord Afrique (CSE:SNA) declined 2.75% or 0.45 points to end at 15.92 and Maghreb Oxygene (CSE:MOX) was down 2.04% or 5.00 points to 240.05.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 36 to 18 and 5 ended unchanged.

Shares in Jet Contractors (CSE:JET) rose to all time highs; up 9.95% or 188.00 to 2,078.00. Shares in CTM (CSE:CTM) rose to all time highs; up 9.94% or 109.00 to 1,206.00. Shares in Alliances (CSE:ADI) rose to 5-year highs; up 8.33% or 40.00 to 520.00.

Crude oil for February delivery was up 2.27% or 1.63 to $73.35 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.16% or 1.61 to hit $76.25 a barrel, while the February Gold Futures contract rose 0.79% or 20.86 to trade at $2,661.86 a troy ounce.

EUR/MAD was down 0.89% to 10.45, while USD/MAD rose 0.29% to 10.12.

The US Dollar Index Futures was up 0.43% at 108.76.

Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Transport, Software & Computer Services and Distributors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.37%.

The best performers of the session on the Moroccan All Shares were CTM (CSE:CTM), which rose 9.92% or 99.00 points to trade at 1,097.00 at the close. Meanwhile, Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) added 4.76% or 2.00 points to end at 44.00 and Hps (CSE:HPS) was up 4.66% or 27.00 points to 607.00 in late trade.

The worst performers of the session were M2M Group (CSE:M2M), which fell 3.82% or 21.00 points to trade at 529.00 at the close. Involys (CSE:INV) declined 3.77% or 3.77 points to end at 96.23 and Delta Holding S.A (CSE:DHO) was down 3.57% or 2.00 points to 54.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 26 and 5 ended unchanged.

Shares in CTM (CSE:CTM) rose to all time highs; rising 9.92% or 99.00 to 1,097.00.

Crude oil for February delivery was up 0.73% or 0.52 to $71.51 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.57% or 0.42 to hit $74.41 a barrel, while the February Gold Futures contract rose 0.40% or 10.41 to trade at $2,628.51 a troy ounce.

EUR/MAD was down 0.30% to 10.52, while USD/MAD rose 0.13% to 10.10.

The US Dollar Index Futures was up 0.08% at 108.02.