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Morocco stocks higher at close of trade; Moroccan All Shares up 0.56%

Published 07/11/2017, 01:05 PM
Updated 07/11/2017, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.56%

Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Hotels, Restaurants & Leisure, Banking and Holding Companies sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.56% to hit a new 3-months high.

The best performers of the session on the Moroccan All Shares were Lesieur Cristal (CS:LESU), which rose 5.67% or 8.90 points to trade at 165.95 at the close. Meanwhile, Timar (CS:TIM) added 5.28% or 14.55 points to end at 289.90 and Cartier Saada (CS:CRS) was up 3.58% or 0.88 points to 25.48 in late trade.

The worst performers of the session were Centrale Danone (CS:CDA), which fell 5.99% or 47 points to trade at 744 at the close. Zellidja S.A (CS:ZELI) declined 5.97% or 8.90 points to end at 140.10 and Ciments Du Maroc (CS:SCM) was down 4.67% or 70 points to 1430.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 31 to 11 and 6 ended unchanged.

Shares in Lesieur Cristal (CS:LESU) rose to 5-year highs; up 5.67% or 8.90 to 165.95. Shares in Cartier Saada (CS:CRS) rose to all time highs; up 3.58% or 0.88 to 25.48.

Crude oil for August delivery was up 1.71% or 0.76 to $45.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.60% or 0.75 to hit $47.63 a barrel, while the August Gold Futures contract rose 0.17% or 2.09 to trade at $1215.29 a troy ounce.

EUR/MAD was up 0.11% to 11.0230, while USD/MAD fell 0.27% to 9.6330.

The US Dollar Index Futures was down 0.19% at 95.63.

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