Morocco shares higher at close of trade; Moroccan All Shares up 0.73%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.73%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Beverage , Food Producers & Processors and Oil & Gas sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.73%.

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 9.86% or 138 points to trade at 1538 at the close. CDM (CS: CDM ) added 5.47% or 28 points to end at 540 and Brasseries Du Maroc (CS: SBM ) was up 4.09% or 110 points to 2800 in late trade.

Biggest losers included Timar (CS: TIM ), which lost 5.98% or 12.85 points to trade at 202.15 in late trade. Stokvis Nord Afrique (CS: SNA ) declined 4.92% or 0.88 points to end at 17.00 and SMI (CS: SMI ) shed 4.35% or 80 points to 1760.

Declining stocks outnumbered rising ones by 0 to 0 on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.98% or 1.36 to $70.05 a barrel. Meanwhile, Brent oil for delivery in October rose 0.99% or 0.74 to hit $75.50 a barrel, while the August Gold Futures contract fell 0.08% or 1.00 to trade at $1222.00 a troy ounce.

EUR/MAD was up 0.20% to 11.0570, while USD/MAD fell 0.31% to 9.4371.

The US Dollar Index Futures was down 0.43% at 94.06.

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