Morocco shares higher at close of trade; Moroccan All Shares up 0.08%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.08%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Holding Companies , Distributors and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.08%.

The biggest gainers of the session on the Moroccan All Shares were Delta Holding S.A (CS: DHO ), which rose 3.59% or 1.00 points to trade at 28.88 at the close. Cartier Saada (CS: CRS ) added 3.18% or 0.74 points to end at 23.99 and Label Vie (CS: LBV ) was up 3.08% or 40 points to 1340 in late trade.

Biggest losers included Timar (CS: TIM ), which lost 5.98% or 13.10 points to trade at 205.80 in late trade. Afric Industries Sa (CS: AFIND ) declined 5.97% or 19.00 points to end at 299.00 and Med Paper (CS: PAP ) shed 5.92% or 1.64 points to 26.06.

Advancing stocks outnumbered falling ones by 19 to 15 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.29% or 0.15 to $51.18 a barrel. Meanwhile, Brent oil for delivery in June rose 0.42% or 0.23 to hit $54.40 a barrel, while the June Gold Futures contract fell 0.85% or 10.75 to trade at $1247.65 a troy ounce.

EUR/MAD was down 0.11% to 10.7150, while USD/MAD rose 0.13% to 10.0611.

The US Dollar Index Futures was up 0.20% at 100.62.

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