Morocco shares higher at close of trade; Moroccan All Shares up 0.16%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.16% – Morocco equities were higher at the close on Wednesday, as gains in the Oil & Gas , Holding Companies and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.16%.

The biggest gainers of the session on the Moroccan All Shares were Afriquia Gaz (CS: AGAZ1 ), which rose 7.95% or 210 points to trade at 2850 at the close. Involys (CS: INV ) added 4.32% or 5.30 points to end at 127.90 and Auto Hall (CS: AUTO ) was up 4.32% or 3.80 points to 91.80 in late trade.

Biggest losers included Aluminum mar 1l (CS: ALU ), which lost 6.00% or 90 points to trade at 1411 in late trade. Sothema (CS: SOT ) declined 5.96% or 99 points to end at 1561 and Zellidja S.A (CS: ZELI ) shed 5.87% or 6.05 points to 97.00.

Advancing stocks outnumbered falling ones by 18 to 13 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.81% or 1.24 to $69.73 a barrel. Meanwhile, Brent oil for delivery in October rose 1.38% or 1.01 to hit $74.22 a barrel, while the December Gold Futures contract fell 0.45% or 5.50 to trade at $1217.70 a troy ounce.

EUR/MAD was down 0.07% to 10.9490, while USD/MAD fell 0.04% to 9.4714.

The US Dollar Index Futures was up 0.13% at 95.15.

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