Morocco shares higher at close of trade; Moroccan All Shares up 0.81%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.81%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Forestry & Paper , Construction & Building Materials and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.81%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS: PAP ), which rose 6.95% or 1.39 points to trade at 21.39 at the close. Ciments Du Maroc (CS: SCM ) added 5.71% or 80 points to end at 1480 and LafargeHolcim Maroc (CS: LHM ) was up 5.26% or 80 points to 1600 in late trade.

Biggest losers included Delta Holding S.A (CS: DHO ), which lost 7.41% or 2.55 points to trade at 31.85 in late trade. CTM (CS: CTM ) declined 4.64% or 40.80 points to end at 839.20 and Stroc Industrie (CS: STR ) shed 2.99% or 0.79 points to 25.65.

Declining stocks outnumbered rising ones by 20 to 20 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.47% or 0.34 to $71.94 a barrel. Meanwhile, Brent oil for delivery in December fell 0.11% or 0.09 to hit $81.17 a barrel, while the December Gold Futures contract fell 0.35% or 4.20 to trade at $1200.90 a troy ounce.

EUR/MAD was down 0.08% to 10.9920, while USD/MAD rose 0.05% to 9.3524.

The US Dollar Index Futures was up 0.06% at 93.79.

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