Morocco shares higher at close of trade; Moroccan All Shares up 0.21%

Morocco shares higher at close of trade; Moroccan All Shares up 0.21%

Investing.com  | Dec 13, 2018 17:05

Morocco shares higher at close of trade; Moroccan All Shares up 0.21%

Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper, Telecoms and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.21%.

The biggest gainers of the session on the Moroccan All Shares were Stokvis Nord Afrique (CS:SNA), which rose 7.69% or 1.00 points to trade at 14.00 at the close. Med Paper (CS:PAP) added 4.29% or 0.90 points to end at 21.90 and Disway SA (CS:DWY) was up 3.26% or 9.00 points to 285.00 in late trade.

Biggest losers included S2M (CS:S2M), which lost 4.91% or 13.00 points to trade at 252.00 in late trade. Residences Dar Saada SA (CS:RDS) declined 2.76% or 2.90 points to end at 102.10 and Saham Assurance (CS:SAH) shed 2.53% or 35 points to 1350.

Advancing stocks outnumbered falling ones by 18 to 11 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.45% or 0.74 to $51.89 a barrel. Meanwhile, Brent oil for delivery in February rose 0.85% or 0.51 to hit $60.66 a barrel, while the February Gold Futures contract fell 0.20% or 2.45 to trade at $1247.55 a troy ounce.

EUR/MAD was up 0.44% to 10.8480, while USD/MAD rose 0.56% to 9.5519.

The US Dollar Index Futures was up 0.09% at 97.102.

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