Morocco shares higher at close of trade; Moroccan All Shares up 0.56%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.56%
Credit: © Reuters. – Morocco equities were higher at the close on Monday, as gains in the Construction & Building Materials , Chemicals and Distributors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.56%.

The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS: STR ), which rose 8.81% or 2.14 points to trade at 26.44 at the close. Stokvis Nord Afrique (CS: SNA ) added 6.56% or 1.00 points to end at 16.25 and LafargeHolcim Maroc (CS: LHM ) was up 4.26% or 69 points to 1690 in late trade.

Biggest losers included Maroc Leasing (CS: MLE ), which lost 5.99% or 27.75 points to trade at 435.25 in late trade. Afriquia Gaz (CS: AGAZ1 ) declined 5.99% or 185 points to end at 2905 and Risma (CS: RIS ) shed 3.25% or 5.75 points to 171.25.

Advancing stocks outnumbered falling ones by 17 to 12 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 1.61% or 0.83 to $50.64 a barrel. Meanwhile, Brent oil for delivery in February fell 0.65% or 0.39 to hit $59.89 a barrel, while the February Gold Futures contract rose 0.48% or 5.90 to trade at $1247.30 a troy ounce.

EUR/MAD was up 0.18% to 10.8800, while USD/MAD fell 0.15% to 9.5927.

The US Dollar Index Futures was down 0.29% at 96.632.

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