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Morocco stocks higher at close of trade; Moroccan All Shares up 0.26%

Published 02/22/2018, 12:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.26%
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Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Holding Companies, Distributors and Mining sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.26%.

The best performers of the session on the Moroccan All Shares were Dari Couspate SA (CS:DRI), which rose 5.85% or 275 points to trade at 4975 at the close. Meanwhile, Auto Hall (CS:AUTO) added 2.92% or 2.80 points to end at 98.80 and Ciments Du Maroc (CS:SCM) was up 2.41% or 40 points to 1700 in late trade.

The worst performers of the session were IB Maroc Com SA (CS:IBC), which fell 9.99% or 11.08 points to trade at 99.82 at the close. Atlanta (CS:ATL) declined 3.40% or 2.75 points to end at 78.15 and Afric Industries Sa (CS:AFIND) was down 3.19% or 8.90 points to 270.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 26 to 18 and 5 ended unchanged.

Shares in Dari Couspate SA (CS:DRI) rose to all time highs; gaining 5.85% or 275 to 4975.

Crude oil for April delivery was up 1.65% or 1.02 to $62.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.19% or 0.78 to hit $66.20 a barrel, while the April Gold Futures contract fell 0.05% or 0.60 to trade at $1331.50 a troy ounce.

EUR/MAD was up 0.11% to 11.3420, while USD/MAD fell 0.17% to 9.2020.

The US Dollar Index Futures was down 0.31% at 89.75.

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