Morocco shares higher at close of trade; Moroccan All Shares up 0.32%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.32%
Credit: © Reuters. – Morocco equities were higher at the close on Tuesday, as gains in the Electrical & Electronic equipment , Mining and Hotels, Restaurants & Leisure sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.32%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 9.98% or 5.99 points to trade at 65.99 at the close. Nexans Maroc (CS: NEX ) added 9.92% or 12.40 points to end at 137.40 and Managem (CS: MNG ) was up 7.83% or 90 points to 1240 in late trade.

Biggest losers included Ennakl Automobiles SA (CS: NKL ), which lost 9.73% or 3.60 points to trade at 33.40 in late trade. Realis. Mecaniques (CS: SRM ) declined 5.98% or 13.45 points to end at 211.55 and Ciments Du Maroc (CS: SCM ) shed 4.45% or 69 points to 1480.

Advancing stocks outnumbered falling ones by 19 to 14 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.36% or 0.27 to $75.03 a barrel. Meanwhile, Brent oil for delivery in December fell 0.31% or 0.26 to hit $84.72 a barrel, while the December Gold Futures contract rose 1.31% or 15.60 to trade at $1207.30 a troy ounce.

EUR/MAD was down 0.08% to 10.9240, while USD/MAD rose 0.12% to 9.4533.

The US Dollar Index Futures was up 0.20% at 95.11.

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