Morocco shares higher at close of trade; Moroccan All Shares up 0.10%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.10%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Forestry & Paper , Oil & Gas and Real Estate sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.10% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Colorado (CS: COL ), which rose 9.86% or 6.80 points to trade at 75.80 at the close. Aluminum mar 1l (CS: ALU ) added 3.61% or 54 points to end at 1549 and CDM (CS: CDM ) was up 3.44% or 19 points to 572 in late trade.

Biggest losers included Ennakl Automobiles SA (CS: NKL ), which lost 9.95% or 4.08 points to trade at 36.92 in late trade. Oulmes (CS: OULM ) declined 4.68% or 59 points to end at 1201 and Disway SA (CS: DWY ) shed 3.19% or 12.90 points to 392.10.

Declining stocks outnumbered rising ones by 17 to 16 and 13 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 3.70% or 2.56 to $66.61 a barrel. Meanwhile, Brent oil for delivery in October fell 3.55% or 2.65 to hit $72.00 a barrel, while the December Gold Futures contract rose 0.07% or 0.80 to trade at $1219.10 a troy ounce.

EUR/MAD was unchanged 0.00% to 10.9540, while USD/MAD rose 0.01% to 9.4442.

The US Dollar Index Futures was up 0.05% at 95.05.

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