Morocco shares higher at close of trade; Moroccan All Shares up 0.17%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.17%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Hotels, Restaurants & Leisure , Chemicals and Distributors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.17%.

The biggest gainers of the session on the Moroccan All Shares were Zellidja S.A (CS: ZELI ), which rose 5.98% or 6.75 points to trade at 119.65 at the close. S2M (CS: S2M ) added 3.60% or 9.00 points to end at 259.00 and Label Vie (CS: LBV ) was up 3.11% or 40 points to 1325 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 4.31% or 4.25 points to trade at 94.40 in late trade. Wafa Assurance (CS: WASS ) declined 3.26% or 150 points to end at 4450 and BCP (CS: BCP ) shed 2.12% or 6.00 points to 277.00.

Advancing stocks outnumbered falling ones by 20 to 16 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.32% or 0.15 to $46.07 a barrel. Meanwhile, Brent oil for delivery in July fell 0.43% or 0.21 to hit $48.89 a barrel, while the June Gold Futures contract rose 0.09% or 1.05 to trade at $1227.95 a troy ounce.

EUR/MAD was down 0.24% to 10.8290, while USD/MAD rose 0.37% to 9.9056.

The US Dollar Index Futures was up 0.53% at 98.94.

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