Morocco shares higher at close of trade; Moroccan All Shares up 0.05%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.05%
Credit: © Reuters. – Morocco equities were higher at the close on Thursday, as gains in the Oil & Gas , Hotels, Restaurants & Leisure and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.05%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 7.38% or 10.30 points to trade at 149.90 at the close. Afriquia Gaz (CS: AGAZ1 ) added 5.94% or 161 points to end at 2872 and Taslif (CS: TSF1 ) was up 5.90% or 1.44 points to 25.84 in late trade.

Biggest losers included Wafa Assurance (CS: WASS ), which lost 3.07% or 149 points to trade at 4701 in late trade. Bmce Bank (CS: BMCE ) declined 2.29% or 4.80 points to end at 205.10 and Snep (CS: SNP ) shed 2.29% or 15.00 points to 640.00.

Advancing stocks outnumbered falling ones by 20 to 10 and 14 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.28% or 0.14 to $50.55 a barrel. Meanwhile, Brent oil for delivery in November rose 0.11% or 0.06 to hit $56.35 a barrel, while the December Gold Futures contract fell 1.43% or 18.82 to trade at $1297.58 a troy ounce.

EUR/MAD was up 0.14% to 11.1660, while USD/MAD fell 0.22% to 9.3515.

The US Dollar Index Futures was down 0.24% at 92.00.

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