Morocco shares higher at close of trade; Moroccan All Shares up 1.00%

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Morocco shares higher at close of trade; Moroccan All Shares up 1.00%
Credit: © Reuters. – Morocco equities were higher at the close on Wednesday, as gains in the Holding Companies , Transport and Utilities sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 1.00%.

The biggest gainers of the session on the Moroccan All Shares were Realis. Mecaniques (CS: SRM ), which rose 9.98% or 29.95 points to trade at 329.95 at the close. Timar (CS: TIM ) added 5.86% or 11.95 points to end at 216.00 and Stroc Industrie (CS: STR ) was up 4.55% or 1.92 points to 44.12 in late trade.

Biggest losers included Involys (CS: INV ), which lost 3.83% or 4.90 points to trade at 123.00 in late trade. Salafin (CS: SLF ) declined 2.98% or 26 points to end at 862 and Delattre Levivier Maroc (CS: DLM ) shed 2.78% or 5.00 points to 175.00.

Advancing stocks outnumbered falling ones by 29 to 13 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was down 4.88% or 2.35 to $45.84 a barrel. Meanwhile, Brent oil for delivery in August fell 3.91% or 1.96 to hit $48.16 a barrel, while the August Gold Futures contract fell 0.32% or 4.15 to trade at $1293.35 a troy ounce.

EUR/MAD was down 0.05% to 10.9540, while USD/MAD rose 0.08% to 9.7265.

The US Dollar Index Futures was up 0.10% at 96.60.

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