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Morocco stocks higher at close of trade; Moroccan All Shares up 0.08%

Published 07/31/2018, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.08%
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Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Forestry & Paper, Holding Companies and Beverage sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.08%.

The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.95% or 2.05 points to trade at 22.66 at the close. Meanwhile, Alliances (CS:ADI) added 9.95% or 10 points to end at 110 and Zellidja S.A (CS:ZELI) was up 5.99% or 5.50 points to 97.28 in late trade.

The worst performers of the session were M2M Group (CS:M2M), which fell 5.80% or 29.00 points to trade at 471.00 at the close. Risma (CS:RIS) declined 4.49% or 7.75 points to end at 165.00 and BMCI (CS:BMCI) was down 3.31% or 24 points to 701.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 17 to 16 and 5 ended unchanged.

Crude oil for September delivery was down 1.70% or 1.19 to $68.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.14% or 0.86 to hit $74.69 a barrel, while the August Gold Futures contract rose 0.22% or 2.70 to trade at $1224.00 a troy ounce.

EUR/MAD was down 0.05% to 11.0460, while USD/MAD rose 0.01% to 9.4401.

The US Dollar Index Futures was up 0.13% at 94.26.

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