Investing.com – Morocco equities were higher at the close on Monday, as gains in the Distributors, Transport and Electrical & Electronic equipment sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.25%.
The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 9.99% or 44.95 points to trade at 494.95 at the close. Marsa Maroc SA (CS:MSA) added 9.29% or 15.30 points to end at 180.00 and CIH (CS:CIH) was up 3.24% or 10.05 points to 320.00 in late trade.
Biggest losers included IB Maroc Com SA (CS:IBC), which lost 5.43% or 4.89 points to trade at 85.11 in late trade. Delattre Levivier Maroc (CS:DLM) declined 5.21% or 9.90 points to end at 180.10 and Fenie Brossette (CS:FBR) shed 5.13% or 5.95 points to 110.05.
Declining stocks outnumbered rising ones by 21 to 20 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was down 0.67% or 0.44 to $65.44 a barrel. Meanwhile, Brent oil for delivery in June fell 0.49% or 0.34 to hit $69.47 a barrel, while the April Gold Futures contract rose 0.33% or 4.40 to trade at $1354.30 a troy ounce.
EUR/MAD was up 0.28% to 11.3610, while USD/MAD fell 0.47% to 9.1283.
The US Dollar Index Futures was down 0.48% at 88.67.