Morocco shares higher at close of trade; Moroccan All Shares up 0.37%

Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Chemicals , Oil & Gas and Software & Computer Services sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.37%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 9.13% or 5.85 points to trade at 69.90 at the close. Stokvis Nord Afrique (CS: SNA ) added 8.00% or 1.00 points to end at 13.50 and Jet Contractors (CS: JET ) was up 4.23% or 13.75 points to 338.80 in late trade.

Biggest losers included Stroc Industrie (CS: STR ), which lost 9.19% or 2.45 points to trade at 24.20 in late trade. Auto Hall (CS: AUTO ) declined 4.17% or 3.38 points to end at 77.62 and Saham Assurance (CS: SAH ) shed 3.75% or 54 points to 1385.

Advancing stocks outnumbered falling ones by 20 to 18 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.24% or 0.63 to $51.63 a barrel. Meanwhile, Brent oil for delivery in February rose 0.50% or 0.30 to hit $60.27 a barrel, while the February Gold Futures contract fell 0.06% or 0.80 to trade at $1248.60 a troy ounce.

EUR/MAD was down 0.15% to 10.7760, while USD/MAD rose 0.23% to 9.5271.

The US Dollar Index Futures was up 0.31% at 97.482.