Morocco shares higher at close of trade; Moroccan All Shares up 0.75%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.75%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Hotels, Restaurants & Leisure , Construction & Building Materials and Pharmaceutical Industry sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.75% to hit a new 6-month high.

The biggest gainers of the session on the Moroccan All Shares were Atlanta (CS: ATL ), which rose 9.09% or 4.91 points to trade at 58.90 at the close. Risma (CS: RIS ) added 6.47% or 11.00 points to end at 181.00 and Promopharm S.A. (CS: PRO ) was up 5.63% or 90 points to 1690 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 9.97% or 15.35 points to trade at 138.60 in late trade. M2M Group (CS: M2M ) declined 2.88% or 9.00 points to end at 304.00 and Delta Holding S.A (CS: DHO ) shed 2.05% or 0.69 points to 33.05.

Advancing stocks outnumbered falling ones by 23 to 13 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.58% or 0.76 to $48.99 a barrel. Meanwhile, Brent oil for delivery in November rose 1.18% or 0.64 to hit $54.91 a barrel, while the December Gold Futures contract fell 0.38% or 5.13 to trade at $1327.57 a troy ounce.

EUR/MAD was down 0.28% to 11.1440, while USD/MAD rose 0.41% to 9.3772.

The US Dollar Index Futures was up 0.59% at 92.43.

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