Morocco shares higher at close of trade; Moroccan All Shares up 0.60%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.60%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Real Estate , Food Producers & Processors and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.60% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Douja Prom Addoha (CS: ADH ), which rose 9.02% or 1.34 points to trade at 16.20 at the close. Stroc Industrie (CS: STR ) added 7.62% or 1.91 points to end at 26.98 and Atlanta (CS: ATL ) was up 4.27% or 2.50 points to 61.00 in late trade.

Biggest losers included Timar (CS: TIM ), which lost 5.38% or 12.00 points to trade at 211.00 in late trade. Taqa Morocco SA (CS: TQM ) declined 3.02% or 27.00 points to end at 868.00 and Colorado (CS: COL ) shed 2.86% or 2.00 points to 68.00.

Advancing stocks outnumbered falling ones by 15 to 13 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.23% or 0.13 to $56.59 a barrel. Meanwhile, Brent oil for delivery in January fell 0.73% or 0.49 to hit $66.27 a barrel, while the December Gold Futures contract rose 0.17% or 2.10 to trade at $1222.90 a troy ounce.

EUR/MAD was up 0.07% to 10.8270, while USD/MAD fell 0.23% to 9.4568.

The US Dollar Index Futures was down 0.20% at 96.14.

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