Morocco shares higher at close of trade; Moroccan All Shares up 0.37%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.37%
Credit: © Reuters. – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper , Oil & Gas and Beverage sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.37%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS: PAP ), which rose 9.99% or 3.73 points to trade at 41.07 at the close. Centrale Danone (CS: CDA ) added 5.97% or 59 points to end at 1055 and CIH (CS: CIH ) was up 5.10% or 16.25 points to 335.00 in late trade.

Biggest losers included Snep (CS: SNP ), which lost 9.98% or 29.25 points to trade at 263.75 in late trade. Stroc Industrie (CS: STR ) declined 9.98% or 6.04 points to end at 54.46 and Fenie Brossette (CS: FBR ) shed 9.96% or 13.00 points to 117.50.

Advancing stocks outnumbered falling ones by 25 to 22 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.67% or 0.34 to $51.42 a barrel. Meanwhile, Brent oil for delivery in March rose 0.63% or 0.34 to hit $54.26 a barrel, while the February Gold contract fell 1.07% or 12.95 to trade at $1199.15 a troy ounce.

EUR/MAD was down 0.03% to 10.7070, while USD/MAD rose 0.01% to 10.0709.

The US Dollar Index was up 0.13% at 101.44.

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