Morocco shares higher at close of trade; Moroccan All Shares up 0.30%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.30%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Pharmaceutical Industry , Forestry & Paper and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.30%.

The biggest gainers of the session on the Moroccan All Shares were Sothema (CS: SOT ), which rose 5.92% or 74 points to trade at 1324 at the close. Aluminum mar 1l (CS: ALU ) added 5.92% or 77 points to end at 1377 and Med Paper (CS: PAP ) was up 3.89% or 1.14 points to 30.48 in late trade.

Biggest losers included Maghrebail (CS: MAB ), which lost 5.74% or 56 points to trade at 919 in late trade. Cartier Saada (CS: CRS ) declined 4.28% or 1.02 points to end at 22.80 and Maghreb Oxygene (CS: OXYG ) shed 2.61% or 3.00 points to 112.00.

Advancing stocks outnumbered falling ones by 20 to 17 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.48% or 0.22 to $46.30 a barrel. Meanwhile, Brent oil for delivery in August rose 0.54% or 0.26 to hit $48.55 a barrel, while the August Gold Futures contract fell 0.12% or 1.50 to trade at $1267.40 a troy ounce.

EUR/MAD was down 0.02% to 10.9310, while USD/MAD rose 0.03% to 9.7598.

The US Dollar Index Futures was down 0.15% at 97.00.

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