Morocco shares higher at close of trade; Moroccan All Shares up 0.65%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.65%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Hotels, Restaurants & Leisure , Chemicals and Insurance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.65%.

The biggest gainers of the session on the Moroccan All Shares were Sonasid (CS: SOND ), which rose 9.98% or 50 points to trade at 556 at the close. Risma (CS: RIS ) added 9.96% or 12.45 points to end at 137.45 and BMCI (CS: BMCI ) was up 7.06% or 44 points to 674 in late trade.

Biggest losers included Ciments Du Maroc (CS: SCM ), which lost 4.96% or 72 points to trade at 1380 in late trade. Jet Contractors (CS: JET ) declined 2.99% or 4.00 points to end at 130.00 and Ennakl Automobiles SA (CS: NKL ) shed 2.34% or 1.36 points to 56.64.

Advancing stocks outnumbered falling ones by 24 to 10 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.22% or 0.56 to $46.33 a barrel. Meanwhile, Brent oil for delivery in September rose 1.04% or 0.50 to hit $48.56 a barrel, while the August Gold Futures contract rose 0.01% or 0.10 to trade at $1255.00 a troy ounce.

EUR/MAD was down 0.09% to 11.0970, while USD/MAD rose 0.10% to 9.5327.

The US Dollar Index Futures was up 0.09% at 93.86.

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