Morocco shares higher at close of trade; Moroccan All Shares up 0.07%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.07%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Holding Companies , Utilities and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.07%.

The biggest gainers of the session on the Moroccan All Shares were Micro Data SA (CS: MIC ), which rose 7.17% or 8.50 points to trade at 127.00 at the close. Lesieur Cristal (CS: LESU ) added 3.08% or 3.80 points to end at 127.00 and Delta Holding S.A (CS: DHO ) was up 2.45% or 0.49 points to 20.49 in late trade.

Biggest losers included Miniere Touissit (CS: CMT ), which lost 9.96% or 118 points to trade at 1067 in late trade. IB Maroc Com SA (CS: IBC ) declined 5.97% or 6.70 points to end at 105.45 and Sonasid (CS: SOND ) shed 4.76% or 20 points to 400.

Declining stocks outnumbered rising ones by 16 to 16 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 3.97% or 1.57 to $41.08 a barrel. Meanwhile, Brent oil for delivery in October rose 3.68% or 1.54 to hit $43.34 a barrel, while the December Gold contract fell 0.62% or 8.55 to trade at $1364.05 a troy ounce.

EUR/MAD was down 0.27% to 10.8910, while USD/MAD rose 0.25% to 9.7609.

The US Dollar Index was up 0.52% at 95.51.

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