Morocco shares higher at close of trade; Moroccan All Shares up 0.01%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.01%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Electrical & Electronic equipment , Hotels, Restaurants & Leisure and Distributors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.01%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 9.98% or 11.35 points to trade at 125.05 at the close. Timar (CS: TIM ) added 8.97% or 21.00 points to end at 255.00 and Alliances (CS: ADI ) was up 7.96% or 22 points to 292 in late trade.

Biggest losers included BMCI (CS: BMCI ), which lost 4.43% or 30 points to trade at 640 in late trade. Eqdom (CS: EQDM ) declined 4.42% or 50 points to end at 1080 and Hps (CS: HPS ) shed 4.09% or 58.00 points to 1361.00.

Declining stocks outnumbered rising ones by 26 to 16 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.57% or 0.27 to $47.28 a barrel. Meanwhile, Brent oil for delivery in October fell 0.22% or 0.11 to hit $50.69 a barrel, while the December Gold Futures contract rose 0.09% or 1.10 to trade at $1280.80 a troy ounce.

EUR/MAD was down 0.26% to 11.1000, while USD/MAD fell 0.14% to 9.4715.

The US Dollar Index Futures was up 0.14% at 93.88.

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