Morocco shares higher at close of trade; Moroccan All Shares up 0.36%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.36%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Food Producers & Processors , Banking and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.36%.

The biggest gainers of the session on the Moroccan All Shares were Bmce Bank (CS: BMCE ), which rose 3.87% or 8.50 points to trade at 228.00 at the close. Cosumar (CS: CSMR ) added 2.28% or 6 points to end at 292 and IB Maroc Com SA (CS: IBC ) was up 1.46% or 1.20 points to 83.20 in late trade.

Biggest losers included Alliances (CS: ADI ), which lost 10.00% or 17 points to trade at 154 in late trade. Fenie Brossette (CS: FBR ) declined 7.60% or 8.40 points to end at 102.10 and Cartier Saada (CS: CRS ) shed 6.31% or 1.55 points to 23.00.

Declining stocks outnumbered rising ones by 24 to 12 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.43% or 0.27 to $63.24 a barrel. Meanwhile, Brent oil for delivery in June fell 0.43% or 0.29 to hit $67.83 a barrel, while the June Gold Futures contract rose 0.24% or 3.20 to trade at $1340.50 a troy ounce.

EUR/MAD was up 0.09% to 11.3300, while USD/MAD fell 0.14% to 9.2145.

The US Dollar Index Futures was down 0.13% at 89.73.

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