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 Monday, as gains in the Insurance , Chemicals and Real Estate sectors propelled shares higher.

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

The biggest gainers of the session on the Moroccan All Shares were BMCI (CS: BMCI ), which rose 9.70% or 84 points to trade at 950 at the close. Wafa Assurance (CS: WASS ) added 9.33% or 397 points to end at 4654 and Colorado (CS: COL ) was up 6.38% or 4.98 points to 82.98 in late trade.

Biggest losers included Ciments Du Maroc (CS: SCM ), which lost 9.34% or 170 points to trade at 1650 in late trade. Ennakl Automobiles SA (CS: NKL ) declined 9.17% or 3.85 points to end at 38.15 and Afriquia Gaz (CS: AGAZ1 ) shed 5.93% or 177 points to 2808.

Advancing stocks outnumbered falling ones by 18 to 13 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.05% or 0.04 to $74.19 a barrel. Meanwhile, Brent oil for delivery in September fell 1.60% or 1.27 to hit $77.96 a barrel, while the August Gold Futures contract fell 1.02% or 12.80 to trade at $1241.70 a troy ounce.

EUR/MAD was down 0.32% to 11.0450, while USD/MAD rose 0.36% to 9.5165.

The US Dollar Index Futures was up 0.62% at 94.81.

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