Morocco shares higher at close of trade; Moroccan All Shares up 0.31%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.31%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Hotels, Restaurants & Leisure , Holding Companies and Banking sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.31%.

The biggest gainers of the session on the Moroccan All Shares were Afric Industries Sa (CS: AFIND ), which rose 5.98% or 15.45 points to trade at 273.90 at the close. SMI (CS: SMI ) added 5.40% or 85 points to end at 1660 and Risma (CS: RIS ) was up 5.29% or 9.00 points to 179.00 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 8.50% or 5.95 points to trade at 64.05 in late trade. Total Maroc SA (CS: TMA ) declined 3.91% or 44.0 points to end at 1082.0 and Snep (CS: SNP ) shed 3.76% or 16.90 points to 433.10.

Advancing stocks outnumbered falling ones by 19 to 12 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.94% or 1.02 to $51.59 a barrel. Meanwhile, Brent oil for delivery in February fell 1.31% or 0.81 to hit $60.86 a barrel, while the February Gold Futures contract fell 0.13% or 1.60 to trade at $1251.00 a troy ounce.

EUR/MAD was down 0.14% to 10.7960, while USD/MAD rose 0.22% to 9.5018.

The US Dollar Index Futures was up 0.57% at 97.023.

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