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Morocco stocks higher at close of trade; Moroccan All Shares up 0.77%

Published 09/11/2017, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.77%
MASI
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CTM
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FBR
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IBC
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INV
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M2M
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MOX
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BANK
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AGRO
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TRANS
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Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Transport, Banking and Food Producers & Processors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.77% to hit a new 6-months high.

The best performers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 6.10% or 18.00 points to trade at 313.00 at the close. Meanwhile, CTM (CS:CTM) added 5.13% or 49.00 points to end at 1004.00 and Maghreb Oxygene (CS:OXYG) was up 5.03% or 6.85 points to 143.05 in late trade.

The worst performers of the session were IB Maroc Com SA (CS:IBC), which fell 9.97% or 18.95 points to trade at 171.05 at the close. Fenie Brossette (CS:FBR) declined 5.98% or 11.00 points to end at 173.00 and Involys (CS:INV) was down 5.33% or 8.80 points to 156.20.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 21 to 15 and 5 ended unchanged.

Shares in CTM (CS:CTM) rose to all time highs; rising 5.13% or 49.00 to 1004.00. Shares in Maghreb Oxygene (CS:OXYG) rose to 52-week highs; up 5.03% or 6.85 to 143.05.

Crude oil for October delivery was up 1.37% or 0.65 to $48.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November unchanged 0.00% or 0.00 to hit $53.78 a barrel, while the December Gold Futures contract fell 1.21% or 16.37 to trade at $1334.83 a troy ounce.

EUR/MAD was down 0.08% to 11.1750, while USD/MAD rose 0.36% to 9.3298.

The US Dollar Index Futures was up 0.59% at 91.85.

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