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Morocco stocks higher at close of trade; Moroccan All Shares up 0.31%

Published 06/08/2017, 01:05 PM
Updated 06/08/2017, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.31%

Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Food Producers & Processors, Holding Companies and Invest Companies & Other Finance sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.31%.

The best performers of the session on the Moroccan All Shares were Cosumar (CS:CSMR), which rose 5.13% or 20 points to trade at 410 at the close. Meanwhile, Timar (CS:TIM) added 4.86% or 10.50 points to end at 226.50 and Cartier Saada (CS:CRS) was up 3.61% or 0.83 points to 23.82 in late trade.

The worst performers of the session were M2M Group (CS:M2M), which fell 2.65% or 7.95 points to trade at 292.05 at the close. Stroc Industrie (CS:STR) declined 2.31% or 1.02 points to end at 43.10 and Med Paper (CS:PAP) was down 2.11% or 0.65 points to 30.15.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 17 to 17 and 6 ended unchanged.

Crude oil for July delivery was up 0.42% or 0.19 to $45.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.19% or 0.09 to hit $48.15 a barrel, while the August Gold Futures contract fell 1.10% or 14.22 to trade at $1278.98 a troy ounce.

EUR/MAD was down 0.18% to 10.9350, while USD/MAD rose 0.29% to 9.7557.

The US Dollar Index Futures was up 0.37% at 97.03.

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