Investing.com – Morocco equities were higher at the close on Monday, as gains in the Forestry & Paper, Transport and Food Producers & Processors sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.34% to hit a new 3-month high.
The biggest gainers of the session on the Moroccan All Shares were Timar (CS:TIM), which rose 5.43% or 12.00 points to trade at 233.00 at the close. Saham Assurance (CS:SAH) added 2.92% or 38 points to end at 1339 and Med Paper (CS:PAP) was up 2.59% or 0.75 points to 29.75 in late trade.
Biggest losers included Colorado (CS:COL), which lost 3.88% or 2.50 points to trade at 62.00 in late trade. Bmce Bank (CS:BMCE) declined 2.29% or 5.00 points to end at 213.00 and Stroc Industrie (CS:STR) shed 0.99% or 0.45 points to 45.00.
Advancing stocks outnumbered falling ones by 29 to 6 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was up 1.50% or 0.69 to $46.73 a barrel. Meanwhile, Brent oil for delivery in September rose 1.19% or 0.58 to hit $49.35 a barrel, while the August Gold Futures contract fell 1.68% or 20.83 to trade at $1221.47 a troy ounce.
EUR/MAD was down 0.22% to 10.9950, while USD/MAD rose 0.32% to 9.6803.
The US Dollar Index Futures was up 0.60% at 95.96.