Morocco shares higher at close of trade; Moroccan All Shares up 0.08%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.08%
Credit: © Reuters. – Morocco equities were higher at the close on Tuesday, as gains in the Forestry & Paper , Holding Companies and Beverage sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.08%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS: PAP ), which rose 9.95% or 2.05 points to trade at 22.66 at the close. Alliances (CS: ADI ) added 9.95% or 10 points to end at 110 and Zellidja S.A (CS: ZELI ) was up 5.99% or 5.50 points to 97.28 in late trade.

Biggest losers included M2M Group (CS: M2M ), which lost 5.80% or 29.00 points to trade at 471.00 in late trade. Risma (CS: RIS ) declined 4.49% or 7.75 points to end at 165.00 and BMCI (CS: BMCI ) shed 3.31% or 24 points to 701.

Advancing stocks outnumbered falling ones by 17 to 16 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.73% or 1.21 to $68.92 a barrel. Meanwhile, Brent oil for delivery in October fell 1.14% or 0.86 to hit $74.69 a barrel, while the August Gold Futures contract rose 0.34% or 4.10 to trade at $1225.40 a troy ounce.

EUR/MAD was down 0.05% to 11.0460, while USD/MAD rose 0.01% to 9.4401.

The US Dollar Index Futures was up 0.13% at 94.26.

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