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. – Morocco equities were higher at the close on Wednesday, as gains in the Mining , Chemicals and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.50% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CS: CRS ), which rose 8.19% or 1.95 points to trade at 25.75 at the close. Micro Data SA (CS: MIC ) added 6.32% or 18.00 points to end at 303.00 and Dari Couspate SA (CS: DRI ) was up 5.00% or 200 points to 4200 in late trade.

Biggest losers included Maghreb Oxygene (CS: OXYG ), which lost 5.97% or 9.55 points to trade at 150.45 in late trade. Hps (CS: HPS ) declined 3.80% or 79.00 points to end at 2000.00 and Stroc Industrie (CS: STR ) shed 3.13% or 1.60 points to 49.50.

Advancing stocks outnumbered falling ones by 30 to 14 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.26% or 0.17 to $64.67 a barrel. Meanwhile, Brent oil for delivery in April rose 0.36% or 0.25 to hit $68.77 a barrel, while the February Gold Futures contract rose 0.43% or 5.80 to trade at $1341.20 a troy ounce.

EUR/MAD was up 0.09% to 11.3760, while USD/MAD fell 0.18% to 9.1478.

The US Dollar Index Futures was down 0.18% at 88.86.

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