Morocco shares higher at close of trade; Moroccan All Shares up 0.22%

Morocco shares higher at close of trade; Moroccan All Shares up 0.22%  | Nov 26, 2018 17:05

Morocco shares higher at close of trade; Moroccan All Shares up 0.22% – Morocco equities were higher at the close on Monday, as gains in the Forestry & Paper, Utilities and Real Estate sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.22%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 4.65% or 1.00 points to trade at 22.50 at the close. Douja Prom Addoha (CS:ADH) added 4.24% or 0.57 points to end at 14.02 and Lydec (CS:LYD) was up 3.75% or 19.50 points to 540.00 in late trade.

Biggest losers included Auto Hall (CS:AUTO), which lost 6.47% or 5.40 points to trade at 78.00 in late trade. Colorado (CS:COL) declined 5.07% or 3.40 points to end at 63.60 and Lesieur Cristal (CS:LESU) shed 2.65% or 3.95 points to 145.00.

Declining stocks outnumbered rising ones by 16 to 13 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 2.48% or 1.25 to $51.67 a barrel. Meanwhile, Brent oil for delivery in February rose 2.73% or 1.61 to hit $60.65 a barrel, while the February Gold Futures contract fell 0.06% or 0.70 to trade at $1228.40 a troy ounce.

EUR/MAD was up 0.02% to 10.7900, while USD/MAD fell 0.03% to 9.5136.

The US Dollar Index Futures was up 0.11% at 96.933.

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