Investing.com – Morocco equities were higher at the close on Monday, as gains in the Forestry & Paper, Mining and Holding Companies sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 2.39% to hit a new 5-year high.
The biggest gainers of the session on the Moroccan All Shares were Residences Dar Saada SA (CS:RDS), which rose 7.64% or 14.90 points to trade at 210.00 at the close. M2M Group (CS:M2M) added 7.35% or 23.90 points to end at 349.00 and Med Paper (CS:PAP) was up 6.45% or 1.27 points to 20.97 in late trade.
Biggest losers included Risma (CS:RIS), which lost 3.63% or 4.35 points to trade at 115.65 in late trade. Involys (CS:INV) declined 3.51% or 3.75 points to end at 103.20 and Colorado (CS:COL) shed 2.33% or 1.27 points to 53.30.
Advancing stocks outnumbered falling ones by 33 to 14 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.06% or 0.03 to $52.98 a barrel. Meanwhile, Brent oil for delivery in February fell 0.34% or 0.19 to hit $55.02 a barrel, while the February Gold contract rose 0.43% or 4.85 to trade at $1142.25 a troy ounce.
EUR/MAD was up 0.53% to 10.6330, while USD/MAD rose 0.50% to 10.1695.
The US Dollar Index was down 0.18% at 102.74.