Morocco shares higher at close of trade; Moroccan All Shares up 1.00%

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Morocco shares higher at close of trade; Moroccan All Shares up 1.00%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Beverage , Forestry & Paper and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 1.00%.

The biggest gainers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS: SBM ), which rose 7.14% or 200 points to trade at 3000 at the close. SMI (CS: SMI ) added 5.96% or 103 points to end at 1830 and Saham Assurance (CS: SAH ) was up 4.17% or 60 points to 1500 in late trade.

Biggest losers included Stokvis Nord Afrique (CS: SNA ), which lost 5.33% or 0.93 points to trade at 16.51 in late trade. Stroc Industrie (CS: STR ) declined 4.64% or 1.30 points to end at 26.70 and Involys (CS: INV ) shed 3.13% or 3.80 points to 117.50.

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

In commodities trading, Crude oil for October delivery was up 3.07% or 2.02 to $67.86 a barrel. Meanwhile, Brent oil for delivery in October rose 2.77% or 2.01 to hit $74.64 a barrel, while the December Gold Futures contract rose 0.17% or 2.00 to trade at $1202.00 a troy ounce.

EUR/MAD was up 0.15% to 10.9750, while USD/MAD rose 0.00% to 9.4701.

The US Dollar Index Futures was down 0.08% at 95.05.

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