Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 1.48% to hit a new 5-year high.
The best performers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.18% or 19.65 points to trade at 233.65 at the close. Meanwhile, Jet Contractors (CS:JET) added 9.06% or 15.50 points to end at 186.50 and Residences Dar Saada SA (CS:RDS) was up 7.01% or 15.00 points to 229.00 in late trade.
The worst performers of the session were Wafa Assurance (CS:WASS), which fell 5.80% or 290 points to trade at 4710 at the close. Afric Industries Sa (CS:AFIND) declined 5.41% or 17.90 points to end at 313.10 and Aluminum du Maroc SA (CS:ALU) was down 4.52% or 54 points to 1140.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 22 and 9 ended unchanged.
Shares in Snep (CS:SNP) rose to 52-week highs; rising 9.18% or 19.65 to 233.65. Shares in Residences Dar Saada SA (CS:RDS) rose to all time highs; gaining 7.01% or 15.00 to 229.00.
Crude oil for February delivery was down 3.11% or 1.68 to $52.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 3.08% or 1.76 to hit $55.34 a barrel, while the February Gold contract rose 0.84% or 9.85 to trade at $1183.25 a troy ounce.
EUR/MAD was up 0.18% to 10.6860, while USD/MAD fell 0.10% to 10.1075.
The US Dollar Index was down 0.22% at 101.95.