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

Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Insurance , Food Producers & Processors and Software & Computer Services sectors propelled shares higher.

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

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 6.53% or 98 points to trade at 1598 at the close. IB Maroc Com SA (CS: IBC ) added 3.08% or 4.00 points to end at 134.00 and Wafa Assurance (CS: WASS ) was up 3.04% or 143 points to 4848 in late trade.

Biggest losers included Risma (CS: RIS ), which lost 6.21% or 9.00 points to trade at 136.00 in late trade. Aluminum mar 1l (CS: ALU ) declined 4.80% or 68 points to end at 1350 and Sothema (CS: SOT ) shed 3.92% or 51 points to 1250.

Declining stocks outnumbered rising ones by 23 to 19 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.98% or 0.51 to $52.41 a barrel. Meanwhile, Brent oil for delivery in December rose 1.38% or 0.79 to hit $58.16 a barrel, while the December Gold Futures contract fell 0.25% or 3.24 to trade at $1277.66 a troy ounce.

EUR/MAD was up 0.09% to 11.1050, while USD/MAD fell 0.13% to 9.4337.

The US Dollar Index Futures was up 0.09% at 93.80.