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Morocco shares higher at close of trade; Moroccan All Shares up 0.07%

Published 10/05/2017, 18:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.07%

Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Hotels, Restaurants & Leisure, Transport and Insurance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.07%.

The biggest gainers of the session on the Moroccan All Shares were Zellidja S.A (CS:ZELI), which rose 5.99% or 7.60 points to trade at 134.40 at the close. Risma (CS:RIS) added 5.53% or 6.20 points to end at 118.35 and Aluminum mar 1l (CS:ALU) was up 3.93% or 51 points to 1350 in late trade.

Biggest losers included Fenie Brossette (CS:FBR), which lost 2.75% or 3.95 points to trade at 139.90 in late trade. Micro Data SA (CS:MIC) declined 1.92% or 4.00 points to end at 204.00 and Sonasid (CS:SOND) shed 1.55% or 6 points to 394.

Advancing stocks outnumbered falling ones by 24 to 15 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was up 3.81% or 1.75 to $47.63 a barrel. Meanwhile, Brent oil for delivery in July rose 3.53% or 1.72 to hit $50.45 a barrel, while the June Gold Futures contract rose 0.33% or 4.00 to trade at $1220.10 a troy ounce.

EUR/MAD was down 0.03% to 10.8020, while USD/MAD rose 0.00% to 9.9350.

The US Dollar Index Futures was up 0.02% at 99.47.

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