Morocco shares higher at close of trade; Moroccan All Shares up 0.28%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.28%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Real Estate , Insurance and Banking sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.28%.

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 5.19% or 80 points to trade at 1620 at the close. BMCI (CS: BMCI ) added 2.55% or 24 points to end at 964 and Residences Dar Saada SA (CS: RDS ) was up 2.38% or 2.90 points to 125.00 in late trade.

Biggest losers included Stroc Industrie (CS: STR ), which lost 9.86% or 3.40 points to trade at 31.10 in late trade. Promopharm S.A. (CS: PRO ) declined 4.76% or 65 points to end at 1300 and Delattre Levivier Maroc (CS: DLM ) shed 4.39% or 7.35 points to 160.10.

Advancing stocks outnumbered falling ones by 15 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.66% or 0.43 to $65.33 a barrel. Meanwhile, Brent oil for delivery in August fell 0.55% or 0.41 to hit $74.67 a barrel, while the August Gold Futures contract fell 0.27% or 3.50 to trade at $1275.10 a troy ounce.

EUR/MAD was down 0.02% to 11.0600, while USD/MAD fell 0.01% to 9.5445.

The US Dollar Index Futures was up 0.04% at 94.69.

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