Morocco shares higher at close of trade; Moroccan All Shares up 0.42%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.42%
Credit: © Reuters. – Morocco equities were higher at the close on Tuesday, as gains in the Transport , Pharmaceutical Industry and Beverage sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.42%.

The biggest gainers of the session on the Moroccan All Shares were Taslif (CS: TSF1 ), which rose 5.96% or 1.49 points to trade at 26.49 at the close. CTM (CS: CTM ) added 3.87% or 34.90 points to end at 937.00 and Sothema (CS: SOT ) was up 3.34% or 50 points to 1549 in late trade.

Biggest losers included M2M Group (CS: M2M ), which lost 7.59% or 33.00 points to trade at 402.00 in late trade. Aluminum mar 1l (CS: ALU ) declined 3.50% or 46 points to end at 1270 and Marsa Maroc SA (CS: MSA ) shed 3.00% or 5.10 points to 164.95.

Declining stocks outnumbered rising ones by 23 to 20 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.35% or 0.21 to $59.08 a barrel. Meanwhile, Brent oil for delivery in April fell 0.16% or 0.10 to hit $62.49 a barrel, while the April Gold Futures contract rose 0.32% or 4.20 to trade at $1330.60 a troy ounce.

EUR/MAD was up 0.20% to 11.3540, while USD/MAD fell 0.38% to 9.1824.

The US Dollar Index Futures was down 0.51% at 89.55.

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