Morocco shares higher at close of trade; Moroccan All Shares up 0.06%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.06%
Credit: © Reuters. – Morocco equities were higher at the close on Tuesday, as gains in the Electrical & Electronic equipment , Telecoms and Oil & Gas sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.06%.

The biggest gainers of the session on the Moroccan All Shares were Zellidja S.A (CS: ZELI ), which rose 5.98% or 5.18 points to trade at 91.78 at the close. Total Maroc SA (CS: TMA ) added 2.64% or 28.0 points to end at 1088.0 and Nexans Maroc (CS: NEX ) was up 2.46% or 3.00 points to 125.00 in late trade.

Biggest losers included Alliances (CS: ADI ), which lost 9.62% or 10 points to trade at 94 in late trade. Delattre Levivier Maroc (CS: DLM ) declined 5.98% or 9.05 points to end at 142.40 and SMI (CS: SMI ) shed 5.96% or 124 points to 1957.

Declining stocks outnumbered rising ones by 16 to 11 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.47% or 1.00 to $68.89 a barrel. Meanwhile, Brent oil for delivery in September rose 1.14% or 0.83 to hit $73.89 a barrel, while the August Gold Futures contract fell 0.02% or 0.30 to trade at $1225.30 a troy ounce.

EUR/MAD was down 0.05% to 11.0440, while USD/MAD fell 0.01% to 9.4504.

The US Dollar Index Futures was down 0.01% at 94.41.

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