Morocco shares higher at close of trade; Moroccan All Shares up 0.59%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.59%
Credit: © Reuters. – Morocco equities were higher at the close on Tuesday, as gains in the Construction & Building Materials , Invest Companies & Other Finance and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.59% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Jet Contractors (CS: JET ), which rose 9.98% or 30.25 points to trade at 333.25 at the close. SMI (CS: SMI ) added 5.99% or 89 points to end at 1575 and IB Maroc Com SA (CS: IBC ) was up 4.56% or 3.05 points to 70.00 in late trade.

Biggest losers included Alliances (CS: ADI ), which lost 9.99% or 9 points to trade at 79 in late trade. Fenie Brossette (CS: FBR ) declined 4.59% or 3.90 points to end at 81.10 and Snep (CS: SNP ) shed 4.02% or 18.50 points to 442.00.

Advancing stocks outnumbered falling ones by 15 to 13 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 0.15% or 0.08 to $52.87 a barrel. Meanwhile, Brent oil for delivery in February rose 0.36% or 0.22 to hit $61.91 a barrel, while the February Gold Futures contract rose 0.25% or 3.10 to trade at $1242.70 a troy ounce.

EUR/MAD was down 0.06% to 10.7860, while USD/MAD rose 0.05% to 9.5105.

The US Dollar Index Futures was up 0.00% at 96.972.

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