Morocco shares higher at close of trade; Moroccan All Shares up 0.41%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.41%
Credit: © Reuters. – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper , Banking and Holding Companies sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.41%.

The biggest gainers of the session on the Moroccan All Shares were CIH (CS: CIH ), which rose 8.20% or 23.80 points to trade at 314.00 at the close. M2M Group (CS: M2M ) added 6.32% or 25.40 points to end at 427.40 and Marsa Maroc SA (CS: MSA ) was up 3.00% or 4.95 points to 170.00 in late trade.

Biggest losers included CDM (CS: CDM ), which lost 5.94% or 35 points to trade at 554 in late trade. Centrale Danone (CS: CDA ) declined 5.52% or 39 points to end at 667 and Maghrebail (CS: MAB ) shed 5.44% or 53 points to 922.

Declining stocks outnumbered rising ones by 21 to 20 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.08% or 0.05 to $60.55 a barrel. Meanwhile, Brent oil for delivery in April fell 0.81% or 0.52 to hit $63.84 a barrel, while the April Gold Futures contract fell 0.32% or 4.40 to trade at $1353.60 a troy ounce.

EUR/MAD was up 0.11% to 11.3960, while USD/MAD fell 0.21% to 9.1244.

The US Dollar Index Futures was down 0.25% at 88.69.

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