Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Insurance, Real Estate and Banking sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.05% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Stroc Industrie (CS:STR), which rose 9.18% or 2.25 points to trade at 26.75 at the close. Meanwhile, Wafa Assurance (CS:WASS) added 8.48% or 339 points to end at 4339 and SMI (CS:SMI) was up 3.92% or 56 points to 1486 in late trade.
The worst performers of the session were Afric Industries Sa (CS:AFIND), which fell 5.98% or 16.45 points to trade at 258.45 at the close. Lydec (CS:LYD) declined 5.48% or 28.50 points to end at 491.50 and Oulmes (CS:OULM) was down 5.42% or 78 points to 1362.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 17 to 16 and 4 ended unchanged.
Shares in Lydec (CS:LYD) fell to 52-week lows; falling 5.48% or 28.50 to 491.50.
Crude oil for January delivery was up 2.77% or 1.41 to $52.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.40% or 1.43 to hit $60.89 a barrel, while the February Gold Futures contract rose 1.11% or 13.60 to trade at $1239.60 a troy ounce.
EUR/MAD was up 0.14% to 10.7940, while USD/MAD fell 0.19% to 9.5048.
The US Dollar Index Futures was down 0.40% at 96.805.