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Morocco shares higher at close of trade; Moroccan All Shares up 0.38%

Published 19/10/2017, 04:05 am
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.38%
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Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Hotels, Restaurants & Leisure, Chemicals and Mining sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.38%.

The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS:STR), which rose 9.70% or 4.90 points to trade at 55.40 at the close. BMCI (CS:BMCI) added 4.76% or 42 points to end at 925 and Jet Contractors (CS:JET) was up 3.73% or 14.50 points to 403.00 in late trade.

Biggest losers included M2M Group (CS:M2M), which lost 9.85% or 36.85 points to trade at 337.10 in late trade. Micro Data SA (CS:MIC) declined 7.94% or 20.95 points to end at 243.00 and Realis. Mecaniques (CS:SRM) shed 5.74% or 17.90 points to 294.10.

Advancing stocks outnumbered falling ones by 24 to 15 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.27% or 0.14 to $52.02 a barrel. Meanwhile, Brent oil for delivery in December rose 0.38% or 0.22 to hit $58.10 a barrel, while the December Gold Futures contract fell 0.17% or 2.21 to trade at $1283.99 a troy ounce.

EUR/MAD was down 0.27% to 11.1140, while USD/MAD fell 0.41% to 9.4314.

The US Dollar Index Futures was down 0.05% at 93.31.

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