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Morocco shares higher at close of trade; Moroccan All Shares up 0.24%

Published 26/10/2017, 18:05
Updated 26/10/2017, 18:10
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.24%

Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Pharmaceutical Industry, Construction & Building Materials and Hotels, Restaurants & Leisure sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.24%.

The biggest gainers of the session on the Moroccan All Shares were Sothema (CS:SOT), which rose 4.00% or 50 points to trade at 1300 at the close. Micro Data SA (CS:MIC) added 3.49% or 8.40 points to end at 248.90 and LafargeHolcim Maroc (CS:LHM) was up 3.19% or 60 points to 1940 in late trade.

Biggest losers included Zellidja S.A (CS:ZELI), which lost 5.98% or 11.25 points to trade at 176.75 in late trade. Stroc Industrie (CS:STR) declined 4.96% or 2.70 points to end at 51.70 and Taslif (CS:TSF1) shed 3.96% or 0.99 points to 24.00.

Advancing stocks outnumbered falling ones by 20 to 14 and 12 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.38% or 0.20 to $52.38 a barrel. Meanwhile, Brent oil for delivery in December rose 0.50% or 0.29 to hit $58.73 a barrel, while the December Gold Futures contract fell 0.59% or 7.52 to trade at $1271.48 a troy ounce.

EUR/MAD was down 0.42% to 11.0750, while USD/MAD rose 0.05% to 9.4190.

The US Dollar Index Futures was up 0.91% at 94.38.

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