3 months ago
Stock Market

Morocco stocks higher at close of trade; Moroccan All Shares up 0.31%

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Hotels, Restaurants&Leisure, Holding Companies and

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Hotels, Restaurants&Leisure, Holding Companies and Banking sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.31%.

The best performers of the session on the Moroccan All Shares were Afric Industries Sa (CS:AFIND), which rose 5.98% or 15.45 points to trade at 273.90 at the close. Meanwhile, SMI (CS:SMI) added 5.40% or 85 points to end at 1660 and Risma (CS:RIS) was up 5.29% or 9.00 points to 179.00 in late trade.

The worst performers of the session were IB Maroc Com SA (CS:IBC), which fell 8.50% or 5.95 points to trade at 64.05 at the close. Total Maroc SA (CS:TMA) declined 3.91% or 44.0 points to end at 1082.0 and Snep (CS:SNP) was down 3.76% or 16.90 points to 433.10.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 19 to 12 and 4 ended unchanged.

Shares in Snep (CS:SNP) fell to 52-week lows; losing 3.76% or 16.90 to 433.10.

Crude oil for January delivery was down 1.94% or 1.02 to $51.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.30% or 0.80 to hit $60.87 a barrel, while the February Gold Futures contract fell 0.14% or 1.80 to trade at $1250.80 a troy ounce.

EUR/MAD was down 0.14% to 10.7960, while USD/MAD rose 0.22% to 9.5018.

The US Dollar Index Futures was up 0.57% at 97.030.