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Morocco shares higher at close of trade; Moroccan All Shares up 0.18%

Published 10/04/2018, 18:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.18%
MASI
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CRS
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MOX
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SLF
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NAKL
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STR
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BMC
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Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Construction & Building Materials, Distributors and Oil & Gas sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.18%.

The biggest gainers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS:NKL), which rose 5.23% or 2.38 points to trade at 47.90 at the close. Maghreb Oxygene (CS:OXYG) added 4.97% or 7.95 points to end at 168.00 and AFMA SA (CS:AFM) was up 2.94% or 30 points to 1050 in late trade.

Biggest losers included Stroc Industrie (CS:STR), which lost 6.47% or 3.04 points to trade at 43.96 in late trade. Salafin (CS:SLF) declined 4.59% or 50 points to end at 1040 and Cartier Saada (CS:CRS) shed 2.92% or 0.70 points to 23.30.

Declining stocks outnumbered rising ones by 18 to 18 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 2.93% or 1.86 to $65.28 a barrel. Meanwhile, Brent oil for delivery in June rose 2.96% or 2.03 to hit $70.68 a barrel, while the June Gold Futures contract rose 0.18% or 2.40 to trade at $1342.50 a troy ounce.

EUR/MAD was unchanged 0.00% to 11.3290, while USD/MAD fell 0.23% to 9.1766.

The US Dollar Index Futures was down 0.12% at 89.42.

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