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Morocco shares higher at close of trade; Moroccan All Shares up 0.24%

Published 09/10/2017, 18:05
Updated 09/10/2017, 19:10
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.24%
MASI
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Investing.com – Morocco equities were higher at the close on Monday, as gains in the Utilities, Real Estate and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.24%.

The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 4.05% or 10 points to trade at 257 at the close. IB Maroc Com SA (CS:IBC) added 3.23% or 4.20 points to end at 134.30 and Lydec (CS:LYD) was up 3.17% or 20.00 points to 650.00 in late trade.

Biggest losers included S2M (CS:S2M), which lost 6.18% or 17.00 points to trade at 258.00 in late trade. Unimer (CS:UMR) declined 3.95% or 7.00 points to end at 170.00 and Colorado (CS:COL) shed 2.64% or 1.85 points to 68.15.

Advancing stocks outnumbered falling ones by 22 to 12 and 11 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.77% or 0.38 to $49.67 a barrel. Meanwhile, Brent oil for delivery in December rose 0.52% or 0.29 to hit $55.91 a barrel, while the December Gold Futures contract rose 0.79% or 10.07 to trade at $1284.97 a troy ounce.

EUR/MAD was down 0.07% to 11.1000, while USD/MAD fell 0.20% to 9.4464.

The US Dollar Index Futures was down 0.11% at 93.52.

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