Investing.com – Morocco equities were higher at the close on Monday, as gains in the Electrical & Electronic equipment, Mining and Holding Companies sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.26%.
The biggest gainers of the session on the Moroccan All Shares were Nexans Maroc (CS:NEX), which rose 9.84% or 13.00 points to trade at 145.00 at the close. Jet Contractors (CS:JET) added 6.00% or 9.60 points to end at 169.60 and Managem (CS:MNG) was up 6.00% or 38 points to 678 in late trade.
Biggest losers included Unimer (CS:UMR), which lost 5.95% or 9.85 points to trade at 155.55 in late trade. Label Vie (CS:LBV) declined 5.64% or 61 points to end at 1020 and Risma (CS:RIS) shed 5.35% or 6.00 points to 106.00.
Advancing stocks outnumbered falling ones by 25 to 14 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was up 1.38% or 0.55 to $40.27 a barrel. Meanwhile, Brent oil for delivery in June rose 1.76% or 0.74 to hit $42.68 a barrel, while the June Gold contract rose 1.31% or 16.30 to trade at $1260.10 a troy ounce.
EUR/MAD was down 0.18% to 10.9590, while USD/MAD fell 0.12% to 9.6000.
The US Dollar Index was down 0.30% at 93.94.