Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Chemicals, Forestry & Paper and Food Producers & Processors sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.79% to hit a new 3-years high.
The best performers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.91% or 10.05 points to trade at 111.50 at the close. Meanwhile, IB Maroc Com SA (CS:IBC) added 9.62% or 8.67 points to end at 98.79 and CIH (CS:CIH) was up 5.28% or 14.95 points to 298.00 in late trade.
The worst performers of the session were Cartier Saada (CS:CRS), which fell 5.65% or 1.17 points to trade at 19.52 at the close. Stroc Industrie (CS:STR) declined 4.02% or 1.95 points to end at 46.55 and Risma (CS:RIS) was down 2.78% or 2.90 points to 101.50.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 28 to 12 and 5 ended unchanged.
Shares in CIH (CS:CIH) rose to 52-week highs; gaining 5.28% or 14.95 to 298.00.
Crude oil for January delivery was up 3.17% or 1.46 to $47.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.88% or 1.39 to hit $49.63 a barrel, while the December Gold contract rose 0.98% or 11.60 to trade at $1190.00 a troy ounce.
EUR/MAD was down 0.07% to 10.6820, while USD/MAD unchanged 0.00% to 10.0870.
The US Dollar Index was up 0.02% at 101.50.