Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Holding Companies, Telecoms and Forestry & Paper sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.60% to hit a new 5-year high.
The best performers of the session on the Moroccan All Shares were BMCI (CS:BMCI), which rose 5.97% or 55 points to trade at 975 at the close. Meanwhile, S2M (CS:S2M) added 5.76% or 16.00 points to end at 294.00 and Delta Holding S.A (CS:DHO) was up 4.67% or 1.61 points to 36.11 in late trade.
The worst performers of the session were Afric Industries Sa (CS:AFIND), which fell 6.00% or 16.90 points to trade at 264.90 at the close. Realis. Mecaniques (CS:SRM) declined 2.77% or 8.00 points to end at 281.00 and IB Maroc Com SA (CS:IBC) was down 2.08% or 2.65 points to 125.05.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 19 to 18 and 11 ended unchanged.
Shares in BMCI (CS:BMCI) rose to 5-year highs; rising 5.97% or 55 to 975. Shares in Afric Industries Sa (CS:AFIND) fell to 3-years lows; losing 6.00% or 16.90 to 264.90. Shares in S2M (CS:S2M) rose to 5-year highs; gaining 5.76% or 16.00 to 294.00. Shares in Delta Holding S.A (CS:DHO) rose to 5-year highs; gaining 4.67% or 1.61 to 36.11.
Crude oil for February delivery was down 1.17% or 0.75 to $63.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.75% or 1.23 to hit $69.03 a barrel, while the February Gold Futures contract fell 0.01% or 0.10 to trade at $1334.80 a troy ounce.
EUR/MAD was down 0.04% to 11.3000, while USD/MAD rose 0.14% to 9.2283.
The US Dollar Index Futures was up 0.26% at 90.36.