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Morocco stocks higher at close of trade; Moroccan All Shares up 1.55%

Published 01/15/2018, 12:05 PM
Updated 01/15/2018, 12:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 1.55%

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Mining, Telecoms and Distributors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 1.55% to hit a new 52-week high.

The best performers of the session on the Moroccan All Shares were Atlanta (CS:ATL), which rose 8.32% or 5.30 points to trade at 69.00 at the close. Meanwhile, Miniere Touissit (CS:CMT) added 7.81% or 125 points to end at 1725 and Auto Hall (CS:AUTO) was up 6.52% or 6.00 points to 98.00 in late trade.

The worst performers of the session were Nexans Maroc (CS:NEX), which fell 4.48% or 6.10 points to trade at 130.10 at the close. Colorado (CS:COL) declined 2.68% or 2.25 points to end at 81.65 and Saham Assurance (CS:SAH) was down 2.52% or 40 points to 1550.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 28 to 12 and 7 ended unchanged.

Shares in Atlanta (CS:ATL) rose to 52-week highs; rising 8.32% or 5.30 to 69.00. Shares in Nexans Maroc (CS:NEX) fell to 52-week lows; down 4.48% or 6.10 to 130.10.

Crude oil for February delivery was up 0.53% or 0.34 to $64.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.39% or 0.27 to hit $70.14 a barrel, while the February Gold Futures contract rose 0.46% or 6.10 to trade at $1341.00 a troy ounce.

EUR/MAD was up 0.39% to 11.3230, while USD/MAD fell 0.37% to 9.2205.

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The US Dollar Index Futures was down 0.50% at 90.17.

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