Morocco shares higher at close of trade; Moroccan All Shares up 0.43%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.43%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Real Estate , Software & Computer Services and Holding Companies sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.43% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS: NKL ), which rose 7.87% or 2.73 points to trade at 37.40 at the close. Maghrebail (CS: MAB ) added 5.99% or 48 points to end at 847 and Promopharm S.A. (CS: PRO ) was up 5.89% or 56 points to 1006 in late trade.

Biggest losers included CTM (CS: CTM ), which lost 5.56% or 50.00 points to trade at 850.00 in late trade. Involys (CS: INV ) declined 4.18% or 5.00 points to end at 114.50 and Lesieur Cristal (CS: LESU ) shed 2.62% or 3.90 points to 145.00.

Advancing stocks outnumbered falling ones by 20 to 11 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.07% or 0.55 to $52.11 a barrel. Meanwhile, Brent oil for delivery in February rose 0.70% or 0.42 to hit $60.82 a barrel, while the February Gold Futures contract rose 0.45% or 5.50 to trade at $1225.40 a troy ounce.

EUR/MAD was up 0.15% to 10.7880, while USD/MAD rose 0.06% to 9.5432.

The US Dollar Index Futures was down 0.32% at 96.968.

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