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

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Morocco shares higher at close of trade; Moroccan All Shares up 0.18%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Utilities , Mining 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 Aluminum mar 1l (CS: ALU ), which rose 5.77% or 90 points to trade at 1649 at the close. Miniere Touissit (CS: CMT ) added 5.16% or 88 points to end at 1794 and Realis. Mecaniques (CS: SRM ) was up 4.90% or 12.85 points to 275.00 in late trade.

Biggest losers included Stroc Industrie (CS: STR ), which lost 9.97% or 3.05 points to trade at 27.55 in late trade. Stokvis Nord Afrique (CS: SNA ) declined 6.10% or 1.04 points to end at 16.00 and Salafin (CS: SLF ) shed 5.48% or 60 points to 1035.

Declining stocks outnumbered rising ones by 19 to 15 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.22% or 0.80 to $64.72 a barrel. Meanwhile, Brent oil for delivery in August fell 0.60% or 0.45 to hit $74.93 a barrel, while the August Gold Futures contract fell 0.02% or 0.20 to trade at $1302.00 a troy ounce.

EUR/MAD was up 0.20% to 11.1240, while USD/MAD fell 0.30% to 9.4451.

The US Dollar Index Futures was down 0.29% at 93.58.

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