Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Hotels, Restaurants & Leisure, Banking and Insurance sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.68% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 3.89% or 0.76 points to trade at 20.26 at the close. Meanwhile, BCP (CS:BCP) added 2.78% or 6.30 points to end at 232.80 and Risma (CS:RIS) was up 2.50% or 4.75 points to 194.75 in late trade.
The worst performers of the session were Realis. Mecaniques (CS:SRM), which fell 5.49% or 8.90 points to trade at 153.00 at the close. Stroc Industrie (CS:STR) declined 4.15% or 3.90 points to end at 90.00 and Nexans Maroc (CS:NEX) was down 3.01% or 5.00 points to 161.05.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 19 to 14 and 6 ended unchanged.
Shares in Cartier Saada (CS:CRS) rose to 52-week highs; up 3.89% or 0.76 to 20.26. Shares in Realis. Mecaniques (CS:SRM) fell to all time lows; losing 5.49% or 8.90 to 153.00.
Crude oil for September delivery was down 2.78% or 1.31 to $45.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 3.84% or 2.00 to hit $50.20 a barrel, while the December Gold contract fell 0.38% or 4.20 to trade at $1090.90 a troy ounce.
EUR/MAD was up 0.31% to 10.7920, while USD/MAD rose 0.50% to 9.8425.
The US Dollar Index was up 0.18% at 97.50.