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Morocco shares higher at close of trade; Moroccan All Shares up 0.61%

Published 2017/12/07, 19:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.61%
MASI
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RIS
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SNP
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SRM
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UMR
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JET
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CHIM
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IMMOB
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DISTR
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TMA
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Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Chemicals, Real Estate and Distributors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.61%.

The biggest gainers of the session on the Moroccan All Shares were Unimer (CS:UMR), which rose 5.88% or 10.00 points to trade at 180.00 at the close. Jet Contractors (CS:JET) added 4.92% or 16.00 points to end at 341.00 and Snep (CS:SNP) was up 4.20% or 22.90 points to 567.90 in late trade.

Biggest losers included Risma (CS:RIS), which lost 3.97% or 5.80 points to trade at 140.20 in late trade. Realis. Mecaniques (CS:SRM) declined 3.64% or 10.80 points to end at 286.20 and Total Maroc SA (CS:TMA) shed 2.88% or 53.0 points to 1786.0.

Advancing stocks outnumbered falling ones by 22 to 14 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.18% or 0.66 to $56.62 a barrel. Meanwhile, Brent oil for delivery in February rose 1.39% or 0.85 to hit $62.07 a barrel, while the February Gold Futures contract fell 0.85% or 10.80 to trade at $1255.30 a troy ounce.

EUR/MAD was up 0.03% to 11.1520, while USD/MAD fell 0.04% to 9.4484.

The US Dollar Index Futures was up 0.10% at 93.62.

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