Morocco shares higher at close of trade; Moroccan All Shares up 0.81%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.81%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Construction & Building Materials , Telecoms and Banking sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.81% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Eqdom (CS: EQDM ), which rose 5.97% or 57 points to trade at 1012 at the close. Agma Lahlou-Tazi (CS: AGMA ) added 3.60% or 90 points to end at 2590 and Involys (CS: INV ) was up 3.21% or 3.85 points to 123.85 in late trade.

Biggest losers included SMI (CS: SMI ), which lost 3.19% or 99 points to trade at 3000 in late trade. Delta Holding S.A (CS: DHO ) declined 2.81% or 0.88 points to end at 30.42 and Lesieur Cristal (CS: LESU ) shed 2.50% or 3.75 points to 146.25.

Advancing stocks outnumbered falling ones by 23 to 14 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.69% or 0.31 to $44.66 a barrel. Meanwhile, Brent oil for delivery in August fell 0.51% or 0.24 to hit $47.13 a barrel, while the August Gold Futures contract fell 0.65% or 8.23 to trade at $1248.27 a troy ounce.

EUR/MAD was down 0.12% to 10.9200, while USD/MAD fell 0.03% to 9.7866.

The US Dollar Index Futures was up 0.30% at 97.16.

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