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Morocco stocks higher at close of trade; Moroccan All Shares up 0.79%

Published 10/31/2016, 01:05 PM
Updated 10/31/2016, 02:16 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.79%
MASI
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AGM
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ATW
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CRS
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Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Hotels, Restaurants & Leisure, Banking and Invest Companies & Other Finance sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.79% to hit a new 3-years high.

The best performers of the session on the Moroccan All Shares were Agma Lahlou-Tazi (CS:AGMA), which rose 5.96% or 135 points to trade at 2400 at the close. Meanwhile, Salafin (CS:SLF) added 5.19% or 40 points to end at 810 and Attijariwafa Bank (CS:ATW) was up 4.25% or 16.60 points to 407.60 in late trade.

The worst performers of the session were Stokvis Nord Afrique (CS:SNA), which fell 6.54% or 1.42 points to trade at 20.30 at the close. Cartier Saada (CS:CRS) declined 5.95% or 1.25 points to end at 19.75 and Oulmes (CS:OULM) was down 5.24% or 70 points to 1265.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 22 to 17 and 4 ended unchanged.

Shares in Stokvis Nord Afrique (CS:SNA) fell to all time lows; falling 6.54% or 1.42 to 20.30. Shares in Salafin (CS:SLF) rose to 5-year highs; gaining 5.19% or 40 to 810. Shares in Attijariwafa Bank (CS:ATW) rose to 5-year highs; gaining 4.25% or 16.60 to 407.60.

Crude oil for December delivery was down 3.22% or 1.57 to $47.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 3.45% or 1.75 to hit $48.93 a barrel, while the December Gold contract fell 0.07% or 0.95 to trade at $1275.85 a troy ounce.

EUR/MAD was down 0.20% to 10.8160, while USD/MAD fell 0.04% to 9.8625.

The US Dollar Index was up 0.05% at 98.36.

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