Morocco shares higher at close of trade; Moroccan All Shares up 0.05%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.05%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Transport , Electrical & Electronic equipment and Utilities sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.05% to hit a new 3-month high.

The biggest gainers of the session on the Moroccan All Shares were Residences Dar Saada SA (CS: RDS ), which rose 5.21% or 8.85 points to trade at 178.85 at the close. CTM (CS: CTM ) added 5.18% or 29.00 points to end at 589.00 and Ciments Du Maroc (CS: SCM ) was up 4.43% or 52 points to 1227 in late trade.

Biggest losers included M2M Group (CS: M2M ), which lost 8.25% or 25.90 points to trade at 288.00 in late trade. BMCI (CS: BMCI ) declined 4.53% or 28 points to end at 600 and Hps (CS: HPS ) shed 3.80% or 20.00 points to 506.00.

Declining stocks outnumbered rising ones by 22 to 15 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.55% or 1.17 to $44.76 a barrel. Meanwhile, Brent oil for delivery in December fell 2.48% or 1.19 to hit $46.74 a barrel, while the December Gold contract fell 1.00% or 13.45 to trade at $1330.65 a troy ounce.

EUR/MAD was down 0.14% to 10.9080, while USD/MAD rose 0.21% to 9.7250.

The US Dollar Index was up 0.12% at 95.32.

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