Morocco shares higher at close of trade; Moroccan All Shares up 0.35%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.35%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Invest Companies & Other Finance , Forestry & Paper and Software & Computer Services sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.35%.

The biggest gainers of the session on the Moroccan All Shares were Involys (CS: INV ), which rose 6.56% or 8.00 points to trade at 130.00 at the close. M2M Group (CS: M2M ) added 6.13% or 28.95 points to end at 501.00 and Afric Industries Sa (CS: AFIND ) was up 5.99% or 16.10 points to 285.00 in late trade.

Biggest losers included Ennakl Automobiles (CS: NKL ), which lost 5.41% or 2.00 points to trade at 35.00 in late trade. Cosumar (CS: CSMR ) declined 2.79% or 5 points to end at 167 and Alliances (CS: ADI ) shed 2.54% or 2 points to 76.

Advancing stocks outnumbered falling ones by 23 to 13 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was down 1.81% or 0.96 to $52.05 a barrel. Meanwhile, Brent oil for delivery in March fell 1.72% or 1.06 to hit $60.44 a barrel, while the February Gold Futures contract rose 0.08% or 1.05 to trade at $1284.45 a troy ounce.

EUR/MAD was up 0.21% to 10.8825, while USD/MAD fell 0.10% to 9.5515.

The US Dollar Index Futures was down 0.25% at 95.720.

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