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Morocco shares higher at close of trade; Moroccan All Shares up 0.24%

Published 06/04/2016, 03:05 am
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.24%
MASI
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ADI
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Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Hotels, Restaurants & Leisure, Forestry & Paper and Real Estate sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.24%.

The biggest gainers of the session on the Moroccan All Shares were Risma (CS:RIS), which rose 5.89% or 6.90 points to trade at 123.90 at the close. Delattre Levivier Maroc (CS:DLM) added 4.06% or 8.00 points to end at 205.00 and Med Paper (CS:PAP) was up 4.04% or 0.53 points to 13.63 in late trade.

Biggest losers included Alliances (CS:ADI), which lost 9.99% or 5 points to trade at 49 in late trade. Dari Couspate SA (CS:DRI) declined 5.66% or 78 points to end at 1300 and CIH (CS:CIH) shed 4.66% or 12.50 points to 255.50.

Advancing stocks outnumbered falling ones by 25 to 15 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.42% or 0.15 to $35.55 a barrel. Meanwhile, Brent oil for delivery in June fell 0.24% or 0.09 to hit $37.60 a barrel, while the June Gold contract rose 0.89% or 10.80 to trade at $1230.10 a troy ounce.

EUR/MAD was up 0.02% to 10.9680, while USD/MAD fell 0.11% to 9.6239.

The US Dollar Index was down 0.05% at 94.54.

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