Morocco shares higher at close of trade; Moroccan All Shares up 1.55%

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Morocco shares higher at close of trade; Moroccan All Shares up 1.55%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Mining , Telecoms and Distributors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 1.55% to hit a new 52-week high.

The biggest gainers of the session on the Moroccan All Shares were Atlanta (CS: ATL ), which rose 8.32% or 5.30 points to trade at 69.00 at the close. Miniere Touissit (CS: CMT ) added 7.81% or 125 points to end at 1725 and Auto Hall (CS: AUTO ) was up 6.52% or 6.00 points to 98.00 in late trade.

Biggest losers included Nexans Maroc (CS: NEX ), which lost 4.48% or 6.10 points to trade at 130.10 in late trade. Colorado (CS: COL ) declined 2.68% or 2.25 points to end at 81.65 and Saham Assurance (CS: SAH ) shed 2.52% or 40 points to 1550.

Advancing stocks outnumbered falling ones by 28 to 12 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.53% or 0.34 to $64.64 a barrel. Meanwhile, Brent oil for delivery in March rose 0.39% or 0.27 to hit $70.14 a barrel, while the February Gold Futures contract rose 0.46% or 6.10 to trade at $1341.00 a troy ounce.

EUR/MAD was up 0.39% to 11.3230, while USD/MAD fell 0.37% to 9.2205.

The US Dollar Index Futures was down 0.50% at 90.17.

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