Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Holding Companies, Real Estate and Telecoms sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.21%.
The best performers of the session on the Moroccan All Shares were Maghreb Oxygene (CS:OXYG), which rose 5.05% or 5.10 points to trade at 106.00 at the close. Meanwhile, Saham Assurance (CS:SAH) added 2.90% or 31 points to end at 1100 and Label Vie (CS:LBV) was up 2.88% or 34 points to 1214 in late trade.
The worst performers of the session were M2M Group (CS:M2M), which fell 6.90% or 26.00 points to trade at 351.00 at the close. Delattre Levivier Maroc (CS:DLM) declined 4.63% or 8.70 points to end at 179.40 and Eqdom (CS:EQDM) was down 4.33% or 42 points to 940.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 20 to 17 and 3 ended unchanged.
Shares in Maghreb Oxygene (CS:OXYG) rose to 52-week highs; rising 5.05% or 5.10 to 106.00. Shares in Saham Assurance (CS:SAH) rose to 52-week highs; rising 2.90% or 31 to 1100. Shares in Label Vie (CS:LBV) rose to 52-week highs; rising 2.88% or 34 to 1214.
Crude oil for January delivery was up 0.72% or 0.37 to $52.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.10% or 0.60 to hit $55.06 a barrel, while the February Gold contract fell 0.81% or 9.55 to trade at $1168.25 a troy ounce.
EUR/MAD was up 0.34% to 10.7380, while USD/MAD fell 0.34% to 9.9940.
The US Dollar Index was down 0.28% at 100.47.