Morocco shares higher at close of trade; Moroccan All Shares up 0.62%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.62%
Credit: © Reuters. – Morocco equities were higher at the close on Tuesday, as gains in the Chemicals , Hotels, Restaurants & Leisure and Distributors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.62%.

The biggest gainers of the session on the Moroccan All Shares were Alliances (CS: ADI ), which rose 9.99% or 22 points to trade at 244 at the close. Jet Contractors (CS: JET ) added 9.98% or 31.45 points to end at 346.45 and IB Maroc Com SA (CS: IBC ) was up 9.70% or 13.25 points to 149.85 in late trade.

Biggest losers included Nexans Maroc (CS: NEX ), which lost 5.98% or 10.70 points to trade at 168.30 in late trade. Miniere Touissit (CS: CMT ) declined 5.60% or 89 points to end at 1500 and CIH (CS: CIH ) shed 3.00% or 8.75 points to 283.20.

Advancing stocks outnumbered falling ones by 25 to 11 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.10% or 0.05 to $50.41 a barrel. Meanwhile, Brent oil for delivery in December fell 0.43% or 0.24 to hit $55.88 a barrel, while the December Gold Futures contract rose 0.33% or 4.15 to trade at $1275.95 a troy ounce.

EUR/MAD was up 0.07% to 11.1010, while USD/MAD fell 0.20% to 9.4362.

The US Dollar Index Futures was down 0.12% at 93.37.

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