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Morocco shares higher at close of trade; Moroccan All Shares up 0.51%

Published 2017-08-08, 01:05 p/m
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.51%
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Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Chemicals, Construction & Building Materials and Hotels, Restaurants & Leisure sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.51%.

The biggest gainers of the session on the Moroccan All Shares were Taslif (CS:TSF1), which rose 5.71% or 1.40 points to trade at 25.90 at the close. Alliances (CS:ADI) added 5.12% or 12 points to end at 244 and Sonasid (CS:SOND) was up 4.76% or 30 points to 660 in late trade.

Biggest losers included Timar (CS:TIM), which lost 5.00% or 12.00 points to trade at 228.00 in late trade. Auto Hall (CS:AUTO) declined 3.00% or 3.30 points to end at 106.65 and IB Maroc Com SA (CS:IBC) shed 0.89% or 0.95 points to 105.85.

Advancing stocks outnumbered falling ones by 27 to 7 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.73% or 0.36 to $49.03 a barrel. Meanwhile, Brent oil for delivery in October fell 0.61% or 0.32 to hit $52.05 a barrel, while the December Gold Futures contract fell 0.15% or 1.95 to trade at $1262.75 a troy ounce.

EUR/MAD was down 0.18% to 11.1290, while USD/MAD rose 0.30% to 9.4799.

The US Dollar Index Futures was up 0.24% at 93.52.

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