Investing.com – Morocco equities were higher at the close on Monday, as gains in the Mining, Telecoms and Distributors sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 1.55% to hit a new 52-week high.
The biggest gainers of the session on the Moroccan All Shares were Atlanta (CS:ATL), which rose 8.32% or 5.30 points to trade at 69.00 at the close. Miniere Touissit (CS:CMT) added 7.81% or 125 points to end at 1725 and Auto Hall (CS:AUTO) was up 6.52% or 6.00 points to 98.00 in late trade.
Biggest losers included Nexans Maroc (CS:NEX), which lost 4.48% or 6.10 points to trade at 130.10 in late trade. Colorado (CS:COL) declined 2.68% or 2.25 points to end at 81.65 and Saham Assurance (CS:SAH) shed 2.52% or 40 points to 1550.
Advancing stocks outnumbered falling ones by 28 to 12 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.53% or 0.34 to $64.64 a barrel. Meanwhile, Brent oil for delivery in March rose 0.39% or 0.27 to hit $70.14 a barrel, while the February Gold Futures contract rose 0.46% or 6.10 to trade at $1341.00 a troy ounce.
EUR/MAD was up 0.39% to 11.3230, while USD/MAD fell 0.37% to 9.2205.
The US Dollar Index Futures was down 0.50% at 90.17.