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Morocco stocks higher at close of trade; Moroccan All Shares up 0.37%

Published 2015-10-14, 12:05 p/m
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.37%

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Real Estate, Forestry & Paper and Mining sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.37%.

The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 5.99% or 2 points to trade at 32 at the close. Meanwhile, Colorado (CS:COL) added 5.63% or 3.95 points to end at 74.00 and Residences Dar Saada SA (CS:RDS) was up 4.34% or 5.25 points to 126.00 in late trade.

The worst performers of the session were Timar (CS:TIM), which fell 6.00% or 24.60 points to trade at 385.40 at the close. Stroc Industrie (CS:STR) declined 5.99% or 2.39 points to end at 37.49 and Snep (CS:SNP) was down 4.06% or 3.90 points to 92.10.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 13 and 8 ended unchanged.

Shares in Stroc Industrie (CS:STR) fell to all time lows; losing 5.99% or 2.39 to 37.49. Shares in Snep (CS:SNP) fell to all time lows; down 4.06% or 3.90 to 92.10.

Crude oil for November delivery was down 1.03% or 0.48 to $46.18 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.54% or 0.27 to hit $49.42 a barrel, while the December Gold contract rose 1.02% or 11.90 to trade at $1177.30 a troy ounce.

EUR/MAD was up 0.19% to 10.9760, while USD/MAD fell 0.19% to 9.6067.

The US Dollar Index was down 0.58% at 94.25.

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