Morocco shares higher at close of trade; Moroccan All Shares up 0.18%

Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Construction & Building Materials , Distributors and Oil & Gas sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.18%.

The biggest gainers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS: NKL ), which rose 5.23% or 2.38 points to trade at 47.90 at the close. Maghreb Oxygene (CS: OXYG ) added 4.97% or 7.95 points to end at 168.00 and AFMA SA (CS: AFM ) was up 2.94% or 30 points to 1050 in late trade.

Biggest losers included Stroc Industrie (CS: STR ), which lost 6.47% or 3.04 points to trade at 43.96 in late trade. Salafin (CS: SLF ) declined 4.59% or 50 points to end at 1040 and Cartier Saada (CS: CRS ) shed 2.92% or 0.70 points to 23.30.

Declining stocks outnumbered rising ones by 18 to 18 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 2.93% or 1.86 to $65.28 a barrel. Meanwhile, Brent oil for delivery in June rose 2.96% or 2.03 to hit $70.68 a barrel, while the June Gold Futures contract rose 0.18% or 2.40 to trade at $1342.50 a troy ounce.

EUR/MAD was unchanged 0.00% to 11.3290, while USD/MAD fell 0.23% to 9.1766.

The US Dollar Index Futures was down 0.12% at 89.42.