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Morocco stocks higher at close of trade; Moroccan All Shares up 0.13%

Published 04/09/2018, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.13%
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Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Invest Companies & Other Finance, Banking and Transport sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.13%.

The best performers of the session on the Moroccan All Shares were Maghreb Oxygene (CS:OXYG), which rose 5.85% or 8.85 points to trade at 160.05 at the close. Meanwhile, Salafin (CS:SLF) added 4.81% or 50 points to end at 1090 and Bmce Bank (CS:BMCE) was up 4.32% or 9.50 points to 229.50 in late trade.

The worst performers of the session were Alliances (CS:ADI), which fell 6.90% or 12 points to trade at 162 at the close. Lydec (CS:LYD) declined 5.13% or 31.80 points to end at 588.20 and Atlanta (CS:ATL) was down 3.38% or 2.70 points to 77.10.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 21 to 13 and 10 ended unchanged.

Shares in Maghreb Oxygene (CS:OXYG) rose to 3-years highs; rising 5.85% or 8.85 to 160.05. Shares in Salafin (CS:SLF) rose to all time highs; gaining 4.81% or 50 to 1090.

Crude oil for May delivery was up 2.14% or 1.33 to $63.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 2.16% or 1.45 to hit $68.56 a barrel, while the June Gold Futures contract rose 0.19% or 2.60 to trade at $1338.70 a troy ounce.

EUR/MAD was up 0.10% to 11.3280, while USD/MAD fell 0.21% to 9.1970.

The US Dollar Index Futures was down 0.31% at 89.54.

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