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Morocco stocks higher at close of trade; Moroccan All Shares up 0.08%

Published 06/05/2017, 01:05 PM
Updated 06/05/2017, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.08%

© Reuters. Morocco stocks higher at close of trade; Moroccan All Shares up 0.08%

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Forestry & Paper, Holding Companies and Mining sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.08%.

The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 3.33% or 1.00 points to trade at 31.00 at the close. Meanwhile, Managem (CS:MNG) added 1.56% or 21 points to end at 1370 and Marsa Maroc SA (CS:MSA) was up 1.09% or 1.50 points to 139.50 in late trade.

The worst performers of the session were Eqdom (CS:EQDM), which fell 4.50% or 50 points to trade at 1061 at the close. Saham Assurance (CS:SAH) declined 3.70% or 48 points to end at 1251 and Residences Dar Saada SA (CS:RDS) was down 3.43% or 6.00 points to 169.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 16 to 10 and 7 ended unchanged.

Crude oil for July delivery was down 0.84% or 0.40 to $47.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.14% or 0.57 to hit $49.38 a barrel, while the August Gold Futures contract rose 0.15% or 1.97 to trade at $1282.17 a troy ounce.

EUR/MAD was down 0.09% to 10.9520, while USD/MAD rose 0.16% to 9.7317.

The US Dollar Index Futures was up 0.14% at 96.75.

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