Morocco shares higher at close of trade; Moroccan All Shares up 0.03%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.03%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Chemicals , Food Producers & Processors and Pharmaceutical Industry sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.03%.

The biggest gainers of the session on the Moroccan All Shares were Involys (CS: INV ), which rose 5.37% or 7.80 points to trade at 152.95 at the close. Promopharm S.A. (CS: PRO ) added 3.39% or 52 points to end at 1588 and Jet Contractors (CS: JET ) was up 2.87% or 6.95 points to 248.95 in late trade.

Biggest losers included S2M (CS: S2M ), which lost 6.67% or 19.00 points to trade at 266.00 in late trade. Timar (CS: TIM ) declined 6.56% or 16.00 points to end at 228.00 and SMI (CS: SMI ) shed 5.99% or 197 points to 3092.

Declining stocks outnumbered rising ones by 22 to 17 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.90% or 0.43 to $48.26 a barrel. Meanwhile, Brent oil for delivery in October rose 0.98% or 0.51 to hit $52.38 a barrel, while the December Gold Futures contract rose 0.20% or 2.55 to trade at $1293.55 a troy ounce.

EUR/MAD was down 0.22% to 11.1180, while USD/MAD fell 0.55% to 9.4203.

The US Dollar Index Futures was down 0.27% at 93.17.

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