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Morocco shares higher at close of trade; Moroccan All Shares up 0.02%

Published 2019-01-08, 12:05 p/m
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.02%
MASI
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Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Oil & Gas, Real Estate and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.02%.

The biggest gainers of the session on the Moroccan All Shares were Afriquia Gaz (CS:AGAZ1), which rose 9.97% or 293 points to trade at 3233 at the close. S2M (CS:S2M) added 9.16% or 25.00 points to end at 298.00 and Auto Hall (CS:AUTO) was up 4.00% or 3.00 points to 78.00 in late trade.

Biggest losers included SMI (CS:SMI), which lost 5.86% or 90 points to trade at 1445 in late trade. Cartier Saada (CS:CRS) declined 5.30% or 1.68 points to end at 30.00 and Managem (CS:MNG) shed 4.76% or 50 points to 1000.

Advancing stocks outnumbered falling ones by 19 to 13 and 1 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.86% or 1.39 to $49.91 a barrel. Meanwhile, Brent oil for delivery in March rose 2.55% or 1.46 to hit $58.79 a barrel, while the February Gold Futures contract fell 0.33% or 4.25 to trade at $1285.65 a troy ounce.

EUR/MAD was down 0.09% to 10.8676, while USD/MAD rose 0.19% to 9.4980.

The US Dollar Index Futures was up 0.29% at 95.502.

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