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

Published 12/26/2018, 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 Wednesday, as gains in the Oil & Gas, Holding Companies and Real Estate sectors led shares higher.

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

The best performers of the session on the Moroccan All Shares were Aluminum du Maroc SA (CS:ALU), which rose 5.94% or 90 points to trade at 1604 at the close. Meanwhile, BMCI (CS:BMCI) added 5.36% or 36 points to end at 706 and Total Maroc SA (CS:TMA) was up 4.81% or 50.0 points to 1090.0 in late trade.

The worst performers of the session were Delattre Levivier Maroc (CS:DLM), which fell 4.89% or 6.95 points to trade at 135.05 at the close. Lesieur Cristal (CS:LESU) declined 2.54% or 3.50 points to end at 134.30 and Bmce Bank (CS:BMCE) was down 2.27% or 4.20 points to 180.50.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 11 and 8 ended unchanged.

Shares in Delattre Levivier Maroc (CS:DLM) fell to all time lows; down 4.89% or 6.95 to 135.05. Shares in Bmce Bank (CS:BMCE) fell to 5-year lows; losing 2.27% or 4.20 to 180.50.

Crude oil for February delivery was up 6.70% or 2.85 to $45.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 5.46% or 2.77 to hit $53.54 a barrel, while the February Gold Futures contract rose 0.62% or 7.90 to trade at $1279.70 a troy ounce.

EUR/MAD was up 0.23% to 10.8830, while USD/MAD fell 0.16% to 9.5411.

The US Dollar Index Futures was up 0.12% at 96.127.

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