Morocco shares higher at close of trade; Moroccan All Shares up 0.62%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.62%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Construction & Building Materials , Insurance and Pharmaceutical Industry sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.62%.

The biggest gainers of the session on the Moroccan All Shares were Alliances (CS: ADI ), which rose 4.53% or 7 points to trade at 166 at the close. LafargeHolcim Maroc (CS: LHM ) added 4.50% or 99 points to end at 2299 and Wafa Assurance (CS: WASS ) was up 4.02% or 181 points to 4681 in late trade.

Biggest losers included Taslif (CS: TSF1 ), which lost 5.97% or 1.77 points to trade at 27.86 in late trade. Rebab Company (CS: REBA ) declined 5.96% or 7.75 points to end at 122.25 and Micro Data SA (CS: MIC ) shed 4.54% or 9.30 points to 195.60.

Declining stocks outnumbered rising ones by 22 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 2.01% or 0.97 to $49.34 a barrel. Meanwhile, Brent oil for delivery in June rose 1.83% or 0.94 to hit $52.36 a barrel, while the April Gold Futures contract fell 0.27% or 3.35 to trade at $1252.25 a troy ounce.

EUR/MAD was down 0.22% to 10.7560, while USD/MAD rose 0.28% to 9.9950.

The US Dollar Index Futures was up 0.38% at 99.91.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or