Morocco shares higher at close of trade; Moroccan All Shares up 0.48%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.48%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Distributors , Real Estate and Insurance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.48%.

The biggest gainers of the session on the Moroccan All Shares were BMCI (CS: BMCI ), which rose 9.97% or 67 points to trade at 739 at the close. Stroc Industrie (CS: STR ) added 9.79% or 2.35 points to end at 26.35 and Saham Assurance (CS: SAH ) was up 9.77% or 129 points to 1449 in late trade.

Biggest losers included Oulmes (CS: OULM ), which lost 5.85% or 76 points to trade at 1224 in late trade. Lesieur Cristal (CS: LESU ) declined 5.02% or 7.45 points to end at 141.05 and Taqa Morocco SA (CS: TQM ) shed 3.51% or 29.50 points to 810.50.

Advancing stocks outnumbered falling ones by 22 to 14 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was down 0.21% or 0.14 to $67.61 a barrel. Meanwhile, Brent oil for delivery in November rose 0.43% or 0.33 to hit $77.16 a barrel, while the December Gold Futures contract rose 0.07% or 0.90 to trade at $1201.30 a troy ounce.

EUR/MAD was up 0.15% to 10.9410, while USD/MAD fell 0.26% to 9.4302.

The US Dollar Index Futures was down 0.33% at 95.07.

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