Investing.com – Morocco equities were higher at the close on Monday, as gains in the Holding Companies, Forestry & Paper and Oil & Gas sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.65% to hit a new 1-month high.
The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 10.00% or 4 points to trade at 48 at the close. Stroc Industrie (CS:STR) added 9.97% or 4.79 points to end at 52.79 and Auto Hall (CS:AUTO) was up 5.99% or 5.65 points to 99.85 in late trade.
Biggest losers included Ciments Du Maroc (CS:SCM), which lost 5.99% or 74 points to trade at 1161 in late trade. Sonasid (CS:SOND) declined 3.07% or 18 points to end at 561 and BCP (CS:BCP) shed 1.52% or 3.30 points to 212.60.
Advancing stocks outnumbered falling ones by 29 to 11 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for December delivery was down 0.90% or 0.40 to $43.89 a barrel. Meanwhile, Brent oil for delivery in January fell 0.46% or 0.22 to hit $47.95 a barrel, while the December Gold contract rose 0.09% or 1.00 to trade at $1088.70 a troy ounce.
EUR/MAD was up 0.15% to 10.7220, while USD/MAD fell 0.07% to 9.9631.
The US Dollar Index was down 0.27% at 99.03.