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.

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Hotels, Restaurants & Leisure , Banking and Distributors sectors propelled shares higher.

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

The biggest gainers of the session on the Moroccan All Shares were Maghrebail (CS: MAB ), which rose 5.43% or 49 points to trade at 949 at the close. Maroc Leasing (CS: MLE ) added 3.83% or 14.95 points to end at 404.95 and Risma (CS: RIS ) was up 3.24% or 4.60 points to 146.60 in late trade.

Biggest losers included M2M Group (CS: M2M ), which lost 5.80% or 23.10 points to trade at 375.00 in late trade. Med Paper (CS: PAP ) declined 4.12% or 1.43 points to end at 33.27 and CTM (CS: CTM ) shed 3.72% or 29.10 points to 754.00.

Declining stocks outnumbered rising ones by 25 to 15 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.70% or 1.00 to $57.95 a barrel. Meanwhile, Brent oil for delivery in February fell 0.02% or 0.01 to hit $63.46 a barrel, while the December Gold Futures contract rose 0.62% or 8.02 to trade at $1295.32 a troy ounce.

EUR/MAD was up 0.06% to 11.1980, while USD/MAD rose 0.08% to 9.3878.

The US Dollar Index Futures was up 0.01% at 92.73.

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