Investing.com – Morocco equities were higher at the close on Monday, as gains in the Holding Companies, Chemicals and Insurance sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.54% to hit a new 52-week high.
The biggest gainers of the session on the Moroccan All Shares were Eqdom (CS:EQDM), which rose 5.93% or 57 points to trade at 1018 at the close. Maghreb Oxygene (CS:OXYG) added 5.92% or 5.75 points to end at 102.75 and BMCI (CS:BMCI) was up 3.01% or 19 points to 650 in late trade.
Biggest losers included Med Paper (CS:PAP), which lost 5.33% or 0.79 points to trade at 14.01 in late trade. CDM (CS:CDM) declined 4.61% or 20 points to end at 413 and Micro Data SA (CS:MIC) shed 3.46% or 4.85 points to 135.00.
Advancing stocks outnumbered falling ones by 26 to 19 and 2 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for June delivery was down 2.53% or 1.13 to $43.53 a barrel. Meanwhile, Brent oil for delivery in July fell 3.50% or 1.59 to hit $43.78 a barrel, while the June Gold contract fell 2.13% or 27.50 to trade at $1266.50 a troy ounce.
EUR/MAD was down 0.12% to 10.9550, while USD/MAD rose 0.09% to 9.6320.
The US Dollar Index was up 0.31% at 94.12.