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Morocco shares higher at close of trade; Moroccan All Shares up 0.14%

Published 11/08/2017, 03:05 am
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.14%
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Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Hotels, Restaurants & Leisure, Mining and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.14%.

The biggest gainers of the session on the Moroccan All Shares were Sonasid (CS:SOND), which rose 9.99% or 67 points to trade at 737 at the close. Jet Contractors (CS:JET) added 9.99% or 18.75 points to end at 206.35 and Alliances (CS:ADI) was up 9.98% or 25 points to 272 in late trade.

Biggest losers included Timar (CS:TIM), which lost 7.87% or 17.95 points to trade at 210.05 in late trade. Afriquia Gaz (CS:AGAZ1) declined 5.88% or 168 points to end at 2688 and Maghreb Oxygene (CS:OXYG) shed 4.40% or 5.90 points to 128.10.

Advancing stocks outnumbered falling ones by 22 to 14 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.67% or 0.83 to $48.73 a barrel. Meanwhile, Brent oil for delivery in October fell 1.12% or 0.59 to hit $52.11 a barrel, while the December Gold Futures contract rose 0.84% or 10.80 to trade at $1290.10 a troy ounce.

EUR/MAD was up 0.03% to 11.1400, while USD/MAD rose 0.12% to 9.4815.

The US Dollar Index Futures was down 0.02% at 93.39.

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