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Morocco shares higher at close of trade; Moroccan All Shares up 1.41%

Published 04/04/2016, 18:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 1.41%
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Investing.com – Morocco equities were higher at the close on Monday, as gains in the Real Estate, Chemicals and Holding Companies sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 1.41%.

The biggest gainers of the session on the Moroccan All Shares were Managem (CS:MNG), which rose 5.99% or 36 points to trade at 638 at the close. Realis. Mecaniques (CS:SRM) added 5.90% or 13.40 points to end at 240.40 and Snep (CS:SNP) was up 5.57% or 3.99 points to 75.50 in late trade.

Biggest losers included Unimer (CS:UMR), which lost 5.99% or 10.55 points to trade at 165.40 in late trade. SMI (CS:SMI) declined 5.81% or 151 points to end at 2447 and Med Paper (CS:PAP) shed 4.37% or 0.60 points to 13.10.

Advancing stocks outnumbered falling ones by 23 to 12 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was down 1.52% or 0.56 to $36.23 a barrel. Meanwhile, Brent oil for delivery in June fell 1.47% or 0.57 to hit $38.10 a barrel, while the June Gold contract fell 0.43% or 5.20 to trade at $1218.30 a troy ounce.

EUR/MAD was down 0.07% to 10.9720, while USD/MAD fell 0.07% to 9.6295.

The US Dollar Index was down 0.07% at 94.51.

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