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Morocco shares higher at close of trade; Moroccan All Shares up 0.42%

Published 2018/07/26, 19:05
Updated 2018/07/26, 19:10
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.42%

Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper, Oil & Gas and Banking sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.42%.

The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS:STR), which rose 9.15% or 2.43 points to trade at 28.99 at the close. Total Maroc SA (CS:TMA) added 5.97% or 65.0 points to end at 1153.0 and CIH (CS:CIH) was up 5.14% or 15.10 points to 309.00 in late trade.

Biggest losers included Realis. Mecaniques (CS:SRM), which lost 5.73% or 16.00 points to trade at 263.00 in late trade. Sothema (CS:SOT) declined 5.68% or 100 points to end at 1660 and Involys (CS:INV) shed 5.02% or 6.40 points to 121.00.

Declining stocks outnumbered rising ones by 18 to 18 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.61% or 0.42 to $69.72 a barrel. Meanwhile, Brent oil for delivery in September rose 0.62% or 0.46 to hit $74.39 a barrel, while the August Gold Futures contract fell 0.50% or 6.20 to trade at $1225.60 a troy ounce.

EUR/MAD was down 0.23% to 11.0370, while USD/MAD rose 0.27% to 9.4657.

The US Dollar Index Futures was up 0.51% at 94.46.

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