Morocco shares higher at close of trade; Moroccan All Shares up 0.17%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.17%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Holding Companies , Utilities and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.17% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Delta Holding S.A (CS: DHO ), which rose 8.25% or 2.50 points to trade at 32.80 at the close. Stokvis Nord Afrique (CS: SNA ) added 6.67% or 0.70 points to end at 11.20 and Fenie Brossette (CS: FBR ) was up 6.04% or 4.90 points to 86.00 in late trade.

Biggest losers included Brasseries Du Maroc (CS: SBM ), which lost 8.00% or 224 points to trade at 2575 in late trade. Alliances (CS: ADI ) declined 7.33% or 6 points to end at 73 and Taslif (CS: TSF1 ) shed 5.96% or 1.43 points to 22.57.

Declining stocks outnumbered rising ones by 17 to 15 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.19% or 0.10 to $53.35 a barrel. Meanwhile, Brent oil for delivery in February rose 0.14% or 0.09 to hit $62.17 a barrel, while the February Gold Futures contract fell 0.30% or 3.80 to trade at $1242.80 a troy ounce.

EUR/MAD was up 0.02% to 10.7910, while USD/MAD fell 0.04% to 9.5086.

The US Dollar Index Futures was up 0.05% at 96.955.

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