Morocco shares higher at close of trade; Moroccan All Shares up 0.50%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.50%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Telecoms , Hotels, Restaurants & Leisure and Holding Companies sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.50%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 6.88% or 30.20 points to trade at 469.00 at the close. Taslif (CS: TSF1 ) added 4.75% or 1.36 points to end at 29.99 and Aluminum mar 1l (CS: ALU ) was up 3.15% or 40 points to 1310 in late trade.

Biggest losers included CDM (CS: CDM ), which lost 5.29% or 31 points to trade at 555 in late trade. Managem (CS: MNG ) declined 2.17% or 39 points to end at 1756 and BMCI (CS: BMCI ) shed 1.51% or 15 points to 980.

Advancing stocks outnumbered falling ones by 20 to 10 and 12 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was up 1.36% or 0.84 to $62.39 a barrel. Meanwhile, Brent oil for delivery in April rose 1.14% or 0.74 to hit $65.58 a barrel, while the April Gold Futures contract fell 0.45% or 6.10 to trade at $1350.10 a troy ounce.

EUR/MAD was up 0.02% to 11.3690, while USD/MAD fell 0.01% to 9.1624.

The US Dollar Index Futures was up 0.12% at 89.14.

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