Morocco shares higher at close of trade; Moroccan All Shares up 0.38%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.38%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Transport , Hotels, Restaurants & Leisure and Real Estate sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.38%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 9.98% or 12.40 points to trade at 136.60 at the close. Alliances (CS: ADI ) added 9.98% or 20 points to end at 222 and Fenie Brossette (CS: FBR ) was up 9.97% or 13.60 points to 149.95 in late trade.

Biggest losers included Label Vie (CS: LBV ), which lost 7.38% or 120 points to trade at 1507 in late trade. Nexans Maroc (CS: NEX ) declined 5.99% or 11.40 points to end at 179.00 and Cartier Saada (CS: CRS ) shed 5.96% or 1.49 points to 23.51.

Advancing stocks outnumbered falling ones by 26 to 15 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.23% or 1.15 to $50.52 a barrel. Meanwhile, Brent oil for delivery in December fell 1.34% or 0.76 to hit $56.03 a barrel, while the December Gold Futures contract fell 0.61% or 7.83 to trade at $1276.97 a troy ounce.

EUR/MAD was down 0.23% to 11.0980, while USD/MAD rose 0.34% to 9.4459.

The US Dollar Index Futures was up 0.57% at 93.44.

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