Morocco shares higher at close of trade; Moroccan All Shares up 0.13%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.13%
Credit: © Reuters. – Morocco equities were higher at the close on Thursday, as gains in the Invest Companies & Other Finance , Software & Computer Services and Real Estate sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.13% to hit a new 3-month high.

The biggest gainers of the session on the Moroccan All Shares were Maghrebail (CS: MAB ), which rose 5.94% or 46 points to trade at 821 at the close. M2M Group (CS: M2M ) added 3.21% or 9.10 points to end at 292.40 and Salafin (CS: SLF ) was up 2.57% or 20 points to 795 in late trade.

Biggest losers included Fenie Brossette (CS: FBR ), which lost 9.99% or 10.18 points to trade at 91.72 in late trade. Stroc Industrie (CS: STR ) declined 6.05% or 2.90 points to end at 45.00 and Zellidja S.A (CS: ZELI ) shed 5.51% or 7.60 points to 130.30.

Declining stocks outnumbered rising ones by 19 to 18 and 13 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.00% or 0.50 to $50.33 a barrel. Meanwhile, Brent oil for delivery in December rose 1.20% or 0.62 to hit $52.48 a barrel, while the December Gold contract fell 1.09% or 13.85 to trade at $1254.75 a troy ounce.

EUR/MAD was down 0.15% to 10.8880, while USD/MAD rose 0.25% to 9.7532.

The US Dollar Index was up 0.49% at 96.60.

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