Morocco shares higher at close of trade; Moroccan All Shares up 0.25%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.25%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Distributors , Transport and Electrical & Electronic equipment sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.25%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 9.99% or 44.95 points to trade at 494.95 at the close. Marsa Maroc SA (CS: MSA ) added 9.29% or 15.30 points to end at 180.00 and CIH (CS: CIH ) was up 3.24% or 10.05 points to 320.00 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 5.43% or 4.89 points to trade at 85.11 in late trade. Delattre Levivier Maroc (CS: DLM ) declined 5.21% or 9.90 points to end at 180.10 and Fenie Brossette (CS: FBR ) shed 5.13% or 5.95 points to 110.05.

Declining stocks outnumbered rising ones by 21 to 20 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.67% or 0.44 to $65.44 a barrel. Meanwhile, Brent oil for delivery in June fell 0.49% or 0.34 to hit $69.47 a barrel, while the April Gold Futures contract rose 0.33% or 4.40 to trade at $1354.30 a troy ounce.

EUR/MAD was up 0.28% to 11.3610, while USD/MAD fell 0.47% to 9.1283.

The US Dollar Index Futures was down 0.48% at 88.67.

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