Morocco shares higher at close of trade; Moroccan All Shares up 0.21%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.21%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Holding Companies , Real Estate and Telecoms sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.21%.

The biggest gainers of the session on the Moroccan All Shares were Maghreb Oxygene (CS: OXYG ), which rose 5.05% or 5.10 points to trade at 106.00 at the close. Saham Assurance (CS: SAH ) added 2.90% or 31 points to end at 1100 and Label Vie (CS: LBV ) was up 2.88% or 34 points to 1214 in late trade.

Biggest losers included M2M Group (CS: M2M ), which lost 6.90% or 26.00 points to trade at 351.00 in late trade. Delattre Levivier Maroc (CS: DLM ) declined 4.63% or 8.70 points to end at 179.40 and Eqdom (CS: EQDM ) shed 4.33% or 42 points to 940.

Advancing stocks outnumbered falling ones by 20 to 17 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.72% or 0.37 to $52.05 a barrel. Meanwhile, Brent oil for delivery in February rose 1.10% or 0.60 to hit $55.06 a barrel, while the February Gold contract fell 0.82% or 9.65 to trade at $1168.15 a troy ounce.

EUR/MAD was up 0.34% to 10.7380, while USD/MAD fell 0.16% to 10.0120.

The US Dollar Index was down 0.29% at 100.46.

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