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Morocco shares higher at close of trade; Moroccan All Shares up 0.19%

Published 06/02/2019, 17:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.19%
MASI
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Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Forestry & Paper, Chemicals and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.19%.

The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 9.90% or 3.89 points to trade at 43.19 at the close. Auto Hall (CS:AUTO) added 5.41% or 3.79 points to end at 73.89 and Unimer (CS:UMR) was up 5.04% or 8.50 points to 177.00 in late trade.

Biggest losers included BMCI (CS:BMCI), which lost 5.50% or 40 points to trade at 691 in late trade. Wafa Assurance (CS:WASS) declined 4.63% or 186 points to end at 3830 and Managem (CS:MNG) shed 4.24% or 46 points to 1040.

Advancing stocks outnumbered falling ones by 15 to 13 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.76% or 0.41 to $54.07 a barrel. Meanwhile, Brent oil for delivery in April rose 1.06% or 0.66 to hit $62.64 a barrel, while the April Gold Futures contract fell 0.22% or 2.85 to trade at $1316.35 a troy ounce.

EUR/MAD was down 0.22% to 10.8614, while USD/MAD rose 0.06% to 9.5443.

The US Dollar Index Futures was up 0.19% at 95.998.

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