Morocco shares higher at close of trade; Moroccan All Shares up 0.99%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.99%
Credit: © Reuters. – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper , Construction & Building Materials and Oil & Gas sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.99%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS: PAP ), which rose 10.00% or 2.02 points to trade at 22.23 at the close. CIH (CS: CIH ) added 6.38% or 18.00 points to end at 300.00 and LafargeHolcim Maroc (CS: LHM ) was up 4.37% or 67 points to 1600 in late trade.

Biggest losers included Stroc Industrie (CS: STR ), which lost 8.61% or 2.32 points to trade at 24.62 in late trade. Realis. Mecaniques (CS: SRM ) declined 4.63% or 9.25 points to end at 190.75 and Delta Holding S.A (CS: DHO ) shed 4.49% or 1.49 points to 31.70.

Advancing stocks outnumbered falling ones by 22 to 11 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 0.91% or 0.56 to $61.11 a barrel. Meanwhile, Brent oil for delivery in January fell 1.11% or 0.80 to hit $71.27 a barrel, while the December Gold Futures contract fell 0.11% or 1.30 to trade at $1224.90 a troy ounce.

EUR/MAD was down 0.09% to 10.8360, while USD/MAD rose 0.01% to 9.4918.

The US Dollar Index Futures was up 0.33% at 96.12.

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