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Morocco shares higher at close of trade; Moroccan All Shares up 0.18%

Published 30/09/2016, 03:05 am
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.18%
MASI
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Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Chemicals, Software & Computer Services and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.18% to hit a new 3-month high.

The biggest gainers of the session on the Moroccan All Shares were Hps (CS:HPS), which rose 7.13% or 36.00 points to trade at 541.00 at the close. Cartier Saada (CS:CRS) added 5.96% or 1.12 points to end at 19.92 and Snep (CS:SNP) was up 1.98% or 1.58 points to 81.58 in late trade.

Biggest losers included Label Vie (CS:LBV), which lost 5.16% or 55 points to trade at 1010 in late trade. Sonasid (CS:SOND) declined 3.98% or 13 points to end at 320 and Timar (CS:TIM) shed 3.35% or 9.00 points to 260.00.

Advancing stocks outnumbered falling ones by 19 to 17 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.79% or 0.84 to $47.89 a barrel. Meanwhile, Brent oil for delivery in December rose 1.44% or 0.71 to hit $49.95 a barrel, while the December Gold contract rose 0.25% or 3.25 to trade at $1326.95 a troy ounce.

EUR/MAD was down 0.15% to 10.8990, while USD/MAD unchanged 0.00% to 9.7310.

The US Dollar Index was up 0.16% at 95.46.

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