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Morocco stocks higher at close of trade; Moroccan All Shares up 1.41%

Published 04/04/2016, 01:05 PM
Updated 04/04/2016, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 1.41%

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Real Estate, Chemicals and Holding Companies sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 1.41%.

The best performers of the session on the Moroccan All Shares were Managem (CS:MNG), which rose 5.99% or 36 points to trade at 638 at the close. Meanwhile, Realis. Mecaniques (CS:SRM) added 5.90% or 13.40 points to end at 240.40 and Snep (CS:SNP) was up 5.57% or 3.99 points to 75.50 in late trade.

The worst performers of the session were Unimer (CS:UMR), which fell 5.99% or 10.55 points to trade at 165.40 at the close. SMI (CS:SMI) declined 5.81% or 151 points to end at 2447 and Med Paper (CS:PAP) was down 4.37% or 0.60 points to 13.10.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 12 and 10 ended unchanged.

Shares in Unimer (CS:UMR) fell to 52-week lows; down 5.99% or 10.55 to 165.40. Shares in Realis. Mecaniques (CS:SRM) rose to 52-week highs; gaining 5.90% or 13.40 to 240.40.

Crude oil for May delivery was down 1.52% or 0.56 to $36.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.45% or 0.56 to hit $38.11 a barrel, while the June Gold contract fell 0.43% or 5.20 to trade at $1218.30 a troy ounce.

EUR/MAD was down 0.07% to 10.9720, while USD/MAD fell 0.07% to 9.6295.

The US Dollar Index was down 0.07% at 94.51.

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