Investing.com – Morocco equities were higher at the close on Monday, as gains in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 1.48% to hit a new 5-year high.
The biggest gainers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.18% or 19.65 points to trade at 233.65 at the close. Jet Contractors (CS:JET) added 9.06% or 15.50 points to end at 186.50 and Residences Dar Saada SA (CS:RDS) was up 7.01% or 15.00 points to 229.00 in late trade.
Biggest losers included Wafa Assurance (CS:WASS), which lost 5.80% or 290 points to trade at 4710 in late trade. Afric Industries Sa (CS:AFIND) declined 5.41% or 17.90 points to end at 313.10 and Aluminum mar 1l (CS:ALU) shed 4.52% or 54 points to 1140.
Advancing stocks outnumbered falling ones by 25 to 22 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was down 3.13% or 1.69 to $52.30 a barrel. Meanwhile, Brent oil for delivery in March fell 3.06% or 1.75 to hit $55.35 a barrel, while the February Gold contract rose 0.84% or 9.80 to trade at $1183.20 a troy ounce.
EUR/MAD was up 0.18% to 10.6860, while USD/MAD fell 0.10% to 10.1075.
The US Dollar Index was down 0.22% at 101.95.