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Morocco shares higher at close of trade; Moroccan All Shares up 0.15%

Published 27/12/2017, 17:05
Updated 27/12/2017, 17:35
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.15%

© Reuters. Morocco shares higher at close of trade; Moroccan All Shares up 0.15%

Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Forestry & Paper, Transport and Hotels, Restaurants & Leisure sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.15%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 6.17% or 1.89 points to trade at 32.50 at the close. Colorado (CS:COL) added 3.11% or 2.43 points to end at 80.63 and CTM (CS:CTM) was up 3.00% or 22.90 points to 786.90 in late trade.

Biggest losers included Alliances (CS:ADI), which lost 2.30% or 5 points to trade at 229 in late trade. Cartier Saada (CS:CRS) declined 2.14% or 0.53 points to end at 24.25 and Douja Prom Addoha (CS:ADH) shed 1.86% or 0.64 points to 33.70.

Advancing stocks outnumbered falling ones by 18 to 12 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.70% or 0.42 to $59.55 a barrel. Meanwhile, Brent oil for delivery in March fell 0.86% or 0.57 to hit $65.89 a barrel, while the February Gold Futures contract rose 0.25% or 3.20 to trade at $1290.70 a troy ounce.

EUR/MAD was up 0.12% to 11.1840, while USD/MAD fell 0.20% to 9.3979.

The US Dollar Index Futures was down 0.27% at 92.59.

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