Morocco shares higher at close of trade; Moroccan All Shares up 0.07%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.07%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Forestry & Paper , Real Estate and Software & Computer Services sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.07%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 10.00% or 43.30 points to trade at 476.45 at the close. Cartier Saada (CS: CRS ) added 9.96% or 2.55 points to end at 28.15 and Auto Hall (CS: AUTO ) was up 7.80% or 5.50 points to 76.00 in late trade.

Biggest losers included Stokvis Nord Afrique (CS: SNA ), which lost 9.94% or 1.64 points to trade at 14.86 in late trade. Delattre Levivier Maroc (CS: DLM ) declined 5.98% or 9.60 points to end at 150.90 and Wafa Assurance (CS: WASS ) shed 3.75% or 159 points to 4081.

Advancing stocks outnumbered falling ones by 21 to 14 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 2.68% or 1.22 to $44.37 a barrel. Meanwhile, Brent oil for delivery in March fell 2.42% or 1.31 to hit $52.79 a barrel, while the February Gold Futures contract rose 1.10% or 13.85 to trade at $1271.95 a troy ounce.

EUR/MAD was up 0.28% to 10.8880, while USD/MAD fell 0.17% to 9.5406.

The US Dollar Index Futures was down 0.48% at 95.993.

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