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Morocco shares higher at close of trade; Moroccan All Shares up 0.12%

Published 20/09/2016, 18:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.12%
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Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Holding Companies, Forestry & Paper and Mining sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.12%.

The biggest gainers of the session on the Moroccan All Shares were SMI (CS:SMI), which rose 5.69% or 145 points to trade at 2695 at the close. Delta Holding S.A (CS:DHO) added 4.54% or 0.86 points to end at 19.80 and Med Paper (CS:PAP) was up 3.59% or 0.70 points to 20.20 in late trade.

Biggest losers included Hps (CS:HPS), which lost 3.90% or 20.50 points to trade at 504.50 in late trade. Centrale Danone (CS:CDA) declined 3.17% or 18 points to end at 550 and Realis. Mecaniques (CS:SRM) shed 2.98% or 7.25 points to 235.70.

Advancing stocks outnumbered falling ones by 21 to 16 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.71% or 0.31 to $43.55 a barrel. Meanwhile, Brent oil for delivery in November fell 1.02% or 0.47 to hit $45.48 a barrel, while the December Gold contract rose 0.02% or 0.25 to trade at $1318.05 a troy ounce.

EUR/MAD was down 0.01% to 10.8890, while USD/MAD rose 0.06% to 9.7520.

The US Dollar Index was up 0.11% at 95.90.

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