Investing.com – Morocco equities were higher at the close on Monday, as gains in the Construction & Building Materials, Telecoms and Banking sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.81% to hit a new 1-month high.
The biggest gainers of the session on the Moroccan All Shares were Eqdom (CS:EQDM), which rose 5.97% or 57 points to trade at 1012 at the close. Agma Lahlou-Tazi (CS:AGMA) added 3.60% or 90 points to end at 2590 and Involys (CS:INV) was up 3.21% or 3.85 points to 123.85 in late trade.
Biggest losers included SMI (CS:SMI), which lost 3.19% or 99 points to trade at 3000 in late trade. Delta Holding S.A (CS:DHO) declined 2.81% or 0.88 points to end at 30.42 and Lesieur Cristal (CS:LESU) shed 2.50% or 3.75 points to 146.25.
Advancing stocks outnumbered falling ones by 23 to 14 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was down 0.69% or 0.31 to $44.66 a barrel. Meanwhile, Brent oil for delivery in August fell 0.51% or 0.24 to hit $47.13 a barrel, while the August Gold Futures contract fell 0.65% or 8.23 to trade at $1248.27 a troy ounce.
EUR/MAD was down 0.12% to 10.9200, while USD/MAD fell 0.03% to 9.7866.
The US Dollar Index Futures was up 0.30% at 97.16.