Morocco shares higher at close of trade; Moroccan All Shares up 0.03%

Morocco shares higher at close of trade; Moroccan All Shares up 0.03%  | Oct 31, 2018 17:05

Morocco shares higher at close of trade; Moroccan All Shares up 0.03% – Morocco equities were higher at the close on Wednesday, as gains in the Insurance, Food Producers & Processors and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.03%.

The biggest gainers of the session on the Moroccan All Shares were Wafa Assurance (CS:WASS), which rose 3.79% or 148 points to trade at 4048 at the close. S2M (CS:S2M) added 3.20% or 8.00 points to end at 258.00 and Ciments Du Maroc (CS:SCM) was up 3.09% or 44 points to 1469 in late trade.

Biggest losers included Disway SA (CS:DWY), which lost 6.44% or 21.00 points to trade at 305.00 in late trade. Residences Dar Saada SA (CS:RDS) declined 4.88% or 4.37 points to end at 85.13 and Douja Prom Addoha (CS:ADH) shed 3.98% or 0.52 points to 12.55.

Declining stocks outnumbered rising ones by 17 to 17 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 0.18% or 0.12 to $66.06 a barrel. Meanwhile, Brent oil for delivery in January rose 0.08% or 0.06 to hit $75.97 a barrel, while the December Gold Futures contract fell 0.47% or 5.70 to trade at $1216.90 a troy ounce.

EUR/MAD was down 0.21% to 10.8210, while USD/MAD rose 0.13% to 9.5700.

The US Dollar Index Futures was up 0.14% at 96.93.

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