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Morocco stocks higher at close of trade; Moroccan All Shares up 0.06%

Published 07/24/2018, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.06%
NEXS
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MASI
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ADI
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DLM
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SMI
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ZDJ
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EEE
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PG
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TCOM
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TMA
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Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Electrical & Electronic equipment, Telecoms and Oil & Gas sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.06%.

The best performers of the session on the Moroccan All Shares were Zellidja S.A (CS:ZELI), which rose 5.98% or 5.18 points to trade at 91.78 at the close. Meanwhile, Total Maroc SA (CS:TMA) added 2.64% or 28.0 points to end at 1088.0 and Nexans Maroc (CS:NEX) was up 2.46% or 3.00 points to 125.00 in late trade.

The worst performers of the session were Alliances (CS:ADI), which fell 9.62% or 10 points to trade at 94 at the close. Delattre Levivier Maroc (CS:DLM) declined 5.98% or 9.05 points to end at 142.40 and SMI (CS:SMI) was down 5.96% or 124 points to 1957.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 16 to 11 and 9 ended unchanged.

Shares in Alliances (CS:ADI) fell to 52-week lows; falling 9.62% or 10 to 94. Shares in Delattre Levivier Maroc (CS:DLM) fell to all time lows; losing 5.98% or 9.05 to 142.40. Shares in Nexans Maroc (CS:NEX) rose to 3-years lows; rising 2.46% or 3.00 to 125.00. Shares in SMI (CS:SMI) fell to 5-year lows; down 5.96% or 124 to 1957.

Crude oil for September delivery was up 1.50% or 1.02 to $68.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.16% or 0.85 to hit $73.91 a barrel, while the August Gold Futures contract fell 0.02% or 0.20 to trade at $1225.40 a troy ounce.

EUR/MAD was down 0.05% to 11.0440, while USD/MAD fell 0.01% to 9.4504.

The US Dollar Index Futures was down 0.02% at 94.40.

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