Morocco shares higher at close of trade; Moroccan All Shares up 0.35%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.35%
Credit: © Reuters. – Morocco equities were higher at the close on Thursday, as gains in the Holding Companies , Insurance and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.35%.

The biggest gainers of the session on the Moroccan All Shares were Taslif (CS: TSF1 ), which rose 5.77% or 1.50 points to trade at 27.50 at the close. AFMA SA (CS: AFM ) added 4.72% or 42 points to end at 942 and Realis. Mecaniques (CS: SRM ) was up 4.65% or 10.00 points to 225.00 in late trade.

Biggest losers included Med Paper (CS: PAP ), which lost 5.98% or 1.40 points to trade at 22.00 in late trade. CTM (CS: CTM ) declined 5.63% or 49.00 points to end at 821.00 and Lydec (CS: LYD ) shed 5.00% or 25.00 points to 475.00.

Advancing stocks outnumbered falling ones by 19 to 16 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 1.24% or 0.65 to $53.27 a barrel. Meanwhile, Brent oil for delivery in March rose 0.31% or 0.19 to hit $61.33 a barrel, while the February Gold Futures contract fell 0.21% or 2.65 to trade at $1281.35 a troy ounce.

EUR/MAD was down 0.08% to 10.8631, while USD/MAD rose 0.48% to 9.5991.

The US Dollar Index Futures was up 0.45% at 96.200.

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