Morocco shares higher at close of trade; Moroccan All Shares up 0.93%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.93%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Hotels, Restaurants & Leisure , Telecoms and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.93%.

The biggest gainers of the session on the Moroccan All Shares were Risma (CS: RIS ), which rose 4.22% or 7.00 points to trade at 173.00 at the close. Sonasid (CS: SOND ) added 3.82% or 20 points to end at 530 and Marsa Maroc SA (CS: MSA ) was up 3.46% or 5.65 points to 169.00 in late trade.

Biggest losers included Oulmes (CS: OULM ), which lost 5.26% or 70 points to trade at 1260 in late trade. Maghreb Oxygene (CS: OXYG ) declined 5.23% or 8.00 points to end at 145.00 and Alliances (CS: ADI ) shed 4.63% or 5 points to 104.

Advancing stocks outnumbered falling ones by 16 to 12 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.86% or 0.59 to $67.67 a barrel. Meanwhile, Brent oil for delivery in September fell 0.60% or 0.44 to hit $72.63 a barrel, while the August Gold Futures contract fell 0.57% or 7.00 to trade at $1224.10 a troy ounce.

EUR/MAD was down 0.14% to 11.0500, while USD/MAD fell 0.00% to 9.4434.

The US Dollar Index Futures was up 0.13% at 94.37.

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