Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Holding Companies, Chemicals and Insurance sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.54% to hit a new 52-week high.
The best performers of the session on the Moroccan All Shares were Eqdom (CS:EQDM), which rose 5.93% or 57 points to trade at 1018 at the close. Meanwhile, Maghreb Oxygene (CS:OXYG) added 5.92% or 5.75 points to end at 102.75 and BMCI (CS:BMCI) was up 3.01% or 19 points to 650 in late trade.
The worst performers of the session were Med Paper (CS:PAP), which fell 5.33% or 0.79 points to trade at 14.01 at the close. CDM (CS:CDM) declined 4.61% or 20 points to end at 413 and Micro Data SA (CS:MIC) was down 3.46% or 4.85 points to 135.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 26 to 19 and 2 ended unchanged.
Crude oil for June delivery was down 2.53% or 1.13 to $43.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 3.50% or 1.59 to hit $43.78 a barrel, while the June Gold contract fell 2.09% or 27.05 to trade at $1266.95 a troy ounce.
EUR/MAD was down 0.12% to 10.9550, while USD/MAD rose 0.09% to 9.6320.
The US Dollar Index was up 0.31% at 94.12.