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Morocco shares higher at close of trade; Moroccan All Shares up 0.18%

Published 2018-07-02, 01:05 p/m
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.18%
MASI
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Investing.com – Morocco equities were higher at the close on Monday, as gains in the Insurance, Chemicals and Real Estate sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.18%.

The biggest gainers of the session on the Moroccan All Shares were BMCI (CS:BMCI), which rose 9.70% or 84 points to trade at 950 at the close. Wafa Assurance (CS:WASS) added 9.33% or 397 points to end at 4654 and Colorado (CS:COL) was up 6.38% or 4.98 points to 82.98 in late trade.

Biggest losers included Ciments Du Maroc (CS:SCM), which lost 9.34% or 170 points to trade at 1650 in late trade. Ennakl Automobiles SA (CS:NKL) declined 9.17% or 3.85 points to end at 38.15 and Afriquia Gaz (CS:AGAZ1) shed 5.93% or 177 points to 2808.

Advancing stocks outnumbered falling ones by 18 to 13 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.05% or 0.04 to $74.19 a barrel. Meanwhile, Brent oil for delivery in September fell 1.60% or 1.27 to hit $77.96 a barrel, while the August Gold Futures contract fell 1.02% or 12.80 to trade at $1241.70 a troy ounce.

EUR/MAD was down 0.32% to 11.0450, while USD/MAD rose 0.36% to 9.5165.

The US Dollar Index Futures was up 0.62% at 94.81.

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