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Morocco stocks higher at close of trade; Moroccan All Shares up 0.35%

Published 01/23/2019, 12:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.35%
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Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Invest Companies & Other Finance, Forestry & Paper and Software & Computer Services sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.35%.

The best performers of the session on the Moroccan All Shares were Involys (CS:INV), which rose 6.56% or 8.00 points to trade at 130.00 at the close. Meanwhile, M2M Group (CS:M2M) added 6.13% or 28.95 points to end at 501.00 and Afric Industries Sa (CS:AFIND) was up 5.99% or 16.10 points to 285.00 in late trade.

The worst performers of the session were Ennakl Automobiles (CS:NKL), which fell 5.41% or 2.00 points to trade at 35.00 at the close. Cosumar (CS:CSMR) declined 2.79% or 5 points to end at 167 and Alliances (CS:ADI) was down 2.54% or 2 points to 76.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 13 and 7 ended unchanged.

Crude oil for March delivery was down 1.77% or 0.94 to $52.07 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.69% or 1.04 to hit $60.46 a barrel, while the February Gold Futures contract rose 0.08% or 1.05 to trade at $1284.45 a troy ounce.

EUR/MAD was up 0.20% to 10.8814, while USD/MAD fell 0.10% to 9.5518.

The US Dollar Index Futures was down 0.25% at 95.718.

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