Morocco shares higher at close of trade; Moroccan All Shares up 1.57%

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Morocco shares higher at close of trade; Moroccan All Shares up 1.57%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Utilities , Beverage and Distributors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 1.57% to hit a new 3-month high.

The biggest gainers of the session on the Moroccan All Shares were Auto Hall (CS: AUTO ), which rose 9.99% or 7.29 points to trade at 80.29 at the close. Bmce Bank (CS: BMCE ) added 9.97% or 16.60 points to end at 183.10 and Micro Data SA (CS: MIC ) was up 7.89% or 19.45 points to 265.95 in late trade.

Biggest losers included Managem (CS: MNG ), which lost 7.30% or 71 points to trade at 902 in late trade. Total Maroc SA (CS: TMA ) declined 7.07% or 70.0 points to end at 920.0 and Stokvis Nord Afrique (CS: SNA ) shed 4.32% or 0.61 points to 13.50.

Advancing stocks outnumbered falling ones by 32 to 7 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.33% or 0.15 to $45.18 a barrel. Meanwhile, Brent oil for delivery in March fell 0.08% or 0.04 to hit $53.17 a barrel, while the February Gold Futures contract rose 0.11% or 1.40 to trade at $1284.40 a troy ounce.

EUR/MAD was up 0.25% to 10.9530, while USD/MAD rose 0.12% to 9.5606.

The US Dollar Index Futures was down 0.27% at 95.705.

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