Morocco shares higher at close of trade; Moroccan All Shares up 0.11%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.11%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Real Estate , Insurance and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.11%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 9.37% or 8.90 points to trade at 103.90 at the close. Involys (CS: INV ) added 8.25% or 9.90 points to end at 129.90 and Timar (CS: TIM ) was up 7.07% or 14.85 points to 224.85 in late trade.

Biggest losers included Risma (CS: RIS ), which lost 2.85% or 4.70 points to trade at 160.00 in late trade. Hps (CS: HPS ) declined 1.91% or 39.00 points to end at 2001.00 and Miniere Touissit (CS: CMT ) shed 1.78% or 31 points to 1711.

Advancing stocks outnumbered falling ones by 21 to 15 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was down 1.00% or 0.63 to $62.38 a barrel. Meanwhile, Brent oil for delivery in May fell 1.32% or 0.88 to hit $65.64 a barrel, while the April Gold Futures contract rose 0.22% or 2.90 to trade at $1321.50 a troy ounce.

EUR/MAD was down 0.04% to 11.3020, while USD/MAD rose 0.06% to 9.2535.

The US Dollar Index Futures was up 0.14% at 90.44.

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