Investing.com – Morocco equities were higher at the close on Monday, as gains in the Banks, Beverages and Transportation sectors led shares higher.
At the close in Casablanca , the Moroccan All Shares gained 1.51% to hit a new all time high.
The biggest gainers of the session on the Moroccan All Shares were Marocaine Ste de Therapeutique SA (CSE:SOT), which rose 8.99% or 117.00 points to trade at 1,419.00 at the close. Taqa Morocco SA (CSE:TQM) added 6.30% or 160.00 points to end at 2,700.00 and Travaux Generaux De Construction De Casablanca S.A (CSE:TGC) was up 5.32% or 41.00 points to 811.00 in late trade.
Biggest losers included Med Paper (CSE:MDP), which fell 3.59% or 0.82 points to trade at 22.00 in late trade. SMI (CSE:SMI) declined 1.96% or 47.00 points to end at 2,350.00 and Fenie Brossette (CSE:FBR) down 1.82% or 5.00 points to 270.00.
Rising stocks outnumbered declining ones by 39 to 16 and 5 ended unchanged on the Casablanca Stock Exchange.
Shares in Marocaine Ste de Therapeutique SA (CSE:SOT) rose to 52-week highs; gaining 8.99% or 117.00 to 1,419.00. Shares in Taqa Morocco SA (CSE:TQM) rose to all time highs; rising 6.30% or 160.00 to 2,700.00. Shares in Travaux Generaux De Construction De Casablanca S.A (CSE:TGC) rose to all time highs; rising 5.32% or 41.00 to 811.00.
Crude oil for June delivery was up 2.39% or 1.46 to $62.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.24% or 1.43 to hit $65.34 a barrel, while the June Gold Futures contract fell 3.09% or 103.49 to trade at $3,240.51 a troy ounce.
EUR/MAD was down 0.65% to 10.34, while USD/MAD rose 0.76% to 9.32.
The US Dollar Index Futures was up 1.25% at 101.42.