Morocco shares higher at close of trade; Moroccan All Shares up 0.44%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.44%
Credit: © Reuters. – Morocco equities were higher at the close on Thursday, as gains in the Hotels, Restaurants & Leisure , Oil & Gas and Software & Computer Services sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.44% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS: STR ), which rose 8.24% or 2.20 points to trade at 28.90 at the close. Zellidja S.A (CS: ZELI ) added 5.93% or 5.77 points to end at 103.05 and Risma (CS: RIS ) was up 4.12% or 6.80 points to 171.80 in late trade.

Biggest losers included Alliances (CS: ADI ), which lost 3.54% or 4 points to trade at 108 in late trade. Ciments Du Maroc (CS: SCM ) declined 3.13% or 50 points to end at 1550 and Colorado (CS: COL ) shed 2.56% or 2.00 points to 76.00.

Advancing stocks outnumbered falling ones by 21 to 11 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 2.19% or 1.48 to $69.14 a barrel. Meanwhile, Brent oil for delivery in October rose 1.59% or 1.15 to hit $73.54 a barrel, while the December Gold Futures contract fell 0.51% or 6.20 to trade at $1221.40 a troy ounce.

EUR/MAD was down 0.35% to 10.9940, while USD/MAD rose 0.10% to 9.4704.

The US Dollar Index Futures was up 0.44% at 94.88.

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