Morocco shares higher at close of trade; Moroccan All Shares up 0.49%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.49%
Credit: © Reuters. – Morocco equities were higher at the close on Tuesday, as gains in the Hotels, Restaurants & Leisure , Transport and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.49% to hit a new 6-month high.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 9.97% or 14.20 points to trade at 156.60 at the close. Micro Data SA (CS: MIC ) added 6.90% or 14.45 points to end at 223.95 and Risma (CS: RIS ) was up 3.56% or 5.60 points to 163.00 in late trade.

Biggest losers included Fenie Brossette (CS: FBR ), which lost 3.78% or 7.00 points to trade at 178.00 in late trade. Lesieur Cristal (CS: LESU ) declined 2.95% or 4.90 points to end at 161.00 and Atlanta (CS: ATL ) shed 2.67% or 1.40 points to 51.10.

Advancing stocks outnumbered falling ones by 22 to 15 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 2.85% or 1.35 to $48.64 a barrel. Meanwhile, Brent oil for delivery in November rose 1.91% or 1.00 to hit $53.34 a barrel, while the December Gold Futures contract rose 1.02% or 13.62 to trade at $1344.02 a troy ounce.

EUR/MAD was up 0.04% to 11.1510, while USD/MAD rose 0.10% to 9.3762.

The US Dollar Index Futures was down 0.31% at 92.28.

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