Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Insurance, Telecoms and Construction & Building Materials sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 1.04%.
The best performers of the session on the Moroccan All Shares were Wafa Assurance (CS:WASS), which rose 9.89% or 484 points to trade at 5379 at the close. Meanwhile, M2M Group (CS:M2M) added 2.44% or 10.00 points to end at 420.00 and Total Maroc SA (CS:TMA) was up 2.21% or 40.0 points to 1850.0 in late trade.
The worst performers of the session were Fenie Brossette (CS:FBR), which fell 5.55% or 9.20 points to trade at 156.60 at the close. CTM (CS:CTM) declined 5.53% or 47.00 points to end at 803.00 and Sothema (CS:SOT) was down 3.11% or 43 points to 1340.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 19 to 14 and 7 ended unchanged.
Shares in M2M Group (CS:M2M) rose to 5-year highs; rising 2.44% or 10.00 to 420.00. Shares in Total Maroc SA (CS:TMA) rose to all time highs; up 2.21% or 40.0 to 1850.0.
Crude oil for December delivery was up 0.18% or 0.10 to $56.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.43% or 0.27 to hit $63.25 a barrel, while the December Gold Futures contract rose 0.34% or 4.38 to trade at $1278.58 a troy ounce.
EUR/MAD was down 0.11% to 11.0670, while USD/MAD rose 0.03% to 9.4881.
The US Dollar Index Futures was up 0.18% at 94.47.