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Morocco shares higher at close of trade; Moroccan All Shares up 0.30%

Stock Markets Jan 28, 2019 18:05
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© Reuters. Morocco shares higher at close of trade; Moroccan All Shares up 0.30%
 
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Investing.com – Morocco equities were higher at the close on Monday, as gains in the Hotels, Restaurants & Leisure, Holding Companies and Invest Companies & Other Finance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.30%.

The biggest gainers of the session on the Moroccan All Shares were Risma (CS:RIS), which rose 9.93% or 14.90 points to trade at 164.90 at the close. Managem (CS:MNG) added 6.01% or 62 points to end at 1094 and Oulmes (CS:OULM) was up 5.99% or 87 points to 1540 in late trade.

Biggest losers included Med Paper (CS:PAP), which lost 7.49% or 1.70 points to trade at 21.00 in late trade. Taqa Morocco SA (CS:TQM) declined 2.69% or 25.00 points to end at 906.00 and Auto Hall (CS:AUTO) shed 2.08% or 1.50 points to 70.50.

Advancing stocks outnumbered falling ones by 20 to 10 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was down 3.74% or 2.01 to $51.68 a barrel. Meanwhile, Brent oil for delivery in April fell 3.13% or 1.93 to hit $59.66 a barrel, while the February Gold Futures contract rose 0.37% or 4.75 to trade at $1302.85 a troy ounce.

EUR/MAD was up 0.18% to 10.8938, while USD/MAD fell 0.17% to 9.5259.

The US Dollar Index Futures was down 0.13% at 95.345.

Morocco shares higher at close of trade; Moroccan All Shares up 0.30%
 

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