Morocco shares higher at close of trade; Moroccan All Shares up 0.79%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.79%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Hotels, Restaurants & Leisure , Banking and Invest Companies & Other Finance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.79% to hit a new 3-year high.

The biggest gainers of the session on the Moroccan All Shares were Agma Lahlou-Tazi (CS: AGMA ), which rose 5.96% or 135 points to trade at 2400 at the close. Salafin (CS: SLF ) added 5.19% or 40 points to end at 810 and Attijariwafa Bank (CS: ATW ) was up 4.25% or 16.60 points to 407.60 in late trade.

Biggest losers included Stokvis Nord Afrique (CS: SNA ), which lost 6.54% or 1.42 points to trade at 20.30 in late trade. Cartier Saada (CS: CRS ) declined 5.95% or 1.25 points to end at 19.75 and Oulmes (CS: OULM ) shed 5.24% or 70 points to 1265.

Advancing stocks outnumbered falling ones by 22 to 17 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 3.18% or 1.55 to $47.15 a barrel. Meanwhile, Brent oil for delivery in January fell 3.43% or 1.74 to hit $48.94 a barrel, while the December Gold contract fell 0.07% or 0.95 to trade at $1275.85 a troy ounce.

EUR/MAD was down 0.20% to 10.8160, while USD/MAD fell 0.04% to 9.8625.

The US Dollar Index was up 0.05% at 98.36.

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