Morocco shares higher at close of trade; Moroccan All Shares up 0.63%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.63%
Credit: © Reuters. – Morocco equities were higher at the close on Thursday, as gains in the Chemicals , Telecoms and Software & Computer Services sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.63%.

The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS: STR ), which rose 8.33% or 2.00 points to trade at 26.00 at the close. Stokvis Nord Afrique (CS: SNA ) added 8.32% or 1.06 points to end at 13.80 and Snep (CS: SNP ) was up 7.12% or 29.90 points to 449.90 in late trade.

Biggest losers included Taslif (CS: TSF1 ), which lost 5.96% or 1.49 points to trade at 23.51 in late trade. Micro Data SA (CS: MIC ) declined 2.96% or 8.00 points to end at 262.00 and Miniere Touissit (CS: CMT ) shed 2.40% or 33 points to 1343.

Advancing stocks outnumbered falling ones by 17 to 11 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 1.17% or 0.61 to $51.70 a barrel. Meanwhile, Brent oil for delivery in March fell 0.70% or 0.43 to hit $60.89 a barrel, while the February Gold Futures contract fell 0.20% or 2.65 to trade at $1291.15 a troy ounce.

EUR/MAD was down 0.01% to 10.8779, while USD/MAD rose 0.04% to 9.5495.

The US Dollar Index Futures was up 0.09% at 95.762.

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