Investing.com – Morocco equities were higher at the close on Monday, as gains in the Pharmaceutical Industry, Mining and Telecoms sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.07%.
The biggest gainers of the session on the Moroccan All Shares were Timar (CS:TIM), which rose 5.99% or 19.95 points to trade at 352.75 at the close. Fenie Brossette (CS:FBR) added 5.88% or 5.42 points to end at 97.45 and Promopharm S.A. (CS:PRO) was up 5.79% or 76 points to 1387 in late trade.
Biggest losers included Nexans Maroc (CS:NEX), which lost 9.79% or 16.40 points to trade at 151.00 in late trade. M2M Group (CS:M2M) declined 5.41% or 14.90 points to end at 260.10 and S2M (CS:S2M) shed 5.24% or 12.00 points to 217.00.
Advancing stocks outnumbered falling ones by 22 to 14 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for June delivery was down 1.14% or 0.50 to $43.23 a barrel. Meanwhile, Brent oil for delivery in July fell 0.51% or 0.23 to hit $44.84 a barrel, while the June Gold contract rose 0.95% or 11.65 to trade at $1241.65 a troy ounce.
EUR/MAD was up 0.35% to 10.9280, while USD/MAD fell 0.06% to 9.6955.
The US Dollar Index was down 0.40% at 94.73.