Morocco shares higher at close of trade; Moroccan All Shares up 0.02%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.02%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Chemicals , Hotels, Restaurants & Leisure and Forestry & Paper sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.02%.

The biggest gainers of the session on the Moroccan All Shares were Alliances (CS: ADI ), which rose 9.99% or 15 points to trade at 165 at the close. Snep (CS: SNP ) added 9.99% or 35.45 points to end at 390.45 and Involys (CS: INV ) was up 9.97% or 12.05 points to 132.90 in late trade.

Biggest losers included Timar (CS: TIM ), which lost 6.00% or 14.40 points to trade at 225.75 in late trade. Rebab Company (CS: REBA ) declined 5.96% or 7.75 points to end at 122.25 and CDM (CS: CDM ) shed 5.38% or 28 points to 502.

Declining stocks outnumbered rising ones by 22 to 17 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.28% or 0.15 to $53.05 a barrel. Meanwhile, Brent oil for delivery in April fell 0.34% or 0.19 to hit $55.78 a barrel, while the April Gold Futures contract rose 0.50% or 6.10 to trade at $1231.50 a troy ounce.

EUR/MAD was up 0.03% to 10.6880, while USD/MAD fell 0.07% to 10.0943.

The US Dollar Index Futures was down 0.09% at 101.11.

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