Morocco shares higher at close of trade; Moroccan All Shares up 0.21%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.21%
Credit: © Reuters. – Morocco equities were higher at the close on Thursday, as gains in the Holding Companies , Forestry & Paper and Telecoms sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.21%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 9.90% or 36.25 points to trade at 402.50 at the close. Sonasid (CS: SOND ) added 3.69% or 26 points to end at 733 and Atlanta (CS: ATL ) was up 3.26% or 2.05 points to 64.85 in late trade.

Biggest losers included Alliances (CS: ADI ), which lost 4.06% or 9 points to trade at 220 in late trade. Eqdom (CS: EQDM ) declined 3.39% or 37 points to end at 1053 and Saham Assurance (CS: SAH ) shed 2.91% or 45 points to 1500.

Advancing stocks outnumbered falling ones by 21 to 12 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.13% or 0.08 to $59.56 a barrel. Meanwhile, Brent oil for delivery in March fell 0.24% or 0.16 to hit $65.83 a barrel, while the February Gold Futures contract rose 0.39% or 5.10 to trade at $1296.50 a troy ounce.

EUR/MAD was up 0.21% to 11.2100, while USD/MAD fell 0.34% to 9.3786.

The US Dollar Index Futures was down 0.38% at 92.31.

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