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Morocco shares higher at close of trade; Moroccan All Shares up 0.15%

Published 11/05/2016, 03:05 am
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.15%
MASI
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CIH
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CRS
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EQD
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SMI
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SNP
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JET
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CHIM
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SP
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Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Chemicals, Forestry & Paper and Utilities sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.15% to hit a new 52-week high.

The biggest gainers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 10.00% or 7.60 points to trade at 83.60 at the close. Eqdom (CS:EQDM) added 5.99% or 61 points to end at 1079 and SMI (CS:SMI) was up 5.50% or 146 points to 2800 in late trade.

Biggest losers included Cartier Saada (CS:CRS), which lost 4.21% or 0.80 points to trade at 18.20 in late trade. CIH (CS:CIH) declined 2.63% or 7.60 points to end at 280.30 and Jet Contractors (CS:JET) shed 2.48% or 3.95 points to 155.05.

Advancing stocks outnumbered falling ones by 26 to 14 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was up 2.07% or 0.90 to $44.34 a barrel. Meanwhile, Brent oil for delivery in July rose 3.48% or 1.52 to hit $45.15 a barrel, while the June Gold contract fell 0.39% or 4.95 to trade at $1261.65 a troy ounce.

EUR/MAD was down 0.15% to 10.9530, while USD/MAD rose 0.01% to 9.6380.

The US Dollar Index was up 0.10% at 94.23.

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