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Morocco shares higher at close of trade; Moroccan All Shares up 0.21%

Published 15/08/2016, 18:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.21%
MASI
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Investing.com – Morocco equities were higher at the close on Monday, as gains in the Food Producers & Processors, Construction & Building Materials and Mining sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.21%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 9.89% or 9.60 points to trade at 106.70 at the close. Taqa Morocco SA (CS:TQM) added 5.07% or 36.00 points to end at 746.00 and Cosumar (CS:CSMR) was up 5.02% or 9 points to 196 in late trade.

Biggest losers included Delattre Levivier Maroc (CS:DLM), which lost 5.96% or 10.55 points to trade at 166.50 in late trade. Timar (CS:TIM) declined 5.87% or 18.50 points to end at 296.50 and Disway SA (CS:DWY) shed 3.59% or 8.80 points to 236.20.

Declining stocks outnumbered rising ones by 25 to 15 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 2.56% or 1.14 to $45.63 a barrel. Meanwhile, Brent oil for delivery in October rose 2.47% or 1.16 to hit $48.13 a barrel, while the December Gold contract rose 0.29% or 3.95 to trade at $1347.15 a troy ounce.

EUR/MAD was up 0.21% to 10.9110, while USD/MAD fell 0.27% to 9.7413.

The US Dollar Index was down 0.10% at 95.58.

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