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Morocco stocks higher at close of trade; Moroccan All Shares up 0.03%

Published 05/12/2015, 12:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.03%
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Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Construction & Building Materials, Oil & Gas and Pharmaceutical Industry sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.03%.

The best performers of the session on the Moroccan All Shares were Promopharm S.A. (CS:PRO), which rose 5.06% or 40 points to trade at 830 at the close. Meanwhile, Colorado (CS:COL) added 4.88% or 4.05 points to end at 87.00 and Lafarge Ciments (CS:LAC) was up 3.98% or 67 points to 1750 in late trade.

The worst performers of the session were Stroc Industrie (CS:STR), which fell 5.97% or 6.45 points to trade at 101.55 at the close. Snep (CS:SNP) declined 5.74% or 7.75 points to end at 127.20 and Risma (CS:RIS) was down 5.27% or 11.75 points to 211.20.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 17 to 13 and 4 ended unchanged.

Shares in Promopharm S.A. (CS:PRO) rose to 52-week highs; gaining 5.06% or 40 to 830. Shares in Snep (CS:SNP) fell to all time lows; down 5.74% or 7.75 to 127.20.

Crude oil for June delivery was up 2.65% or 1.57 to $60.82 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.83% or 1.85 to hit $67.47 a barrel, while the June Gold contract rose 0.82% or 9.70 to trade at $1192.70 a troy ounce.

EUR/MAD was up 0.05% to 10.8730, while USD/MAD fell 0.71% to 9.6730.

The US Dollar Index was down 0.67% at 94.48.

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