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Morocco shares higher at close of trade; Moroccan All Shares up 1.04%

Published 2017-11-13, 12:05 p/m
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 1.04%
MASI
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CTM
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M2M
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Investing.com – Morocco equities were higher at the close on Monday, as gains in the Insurance, Telecoms and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 1.04%.

The biggest gainers of the session on the Moroccan All Shares were Wafa Assurance (CS:WASS), which rose 9.89% or 484 points to trade at 5379 at the close. M2M Group (CS:M2M) added 2.44% or 10.00 points to end at 420.00 and Total Maroc SA (CS:TMA) was up 2.21% or 40.0 points to 1850.0 in late trade.

Biggest losers included Fenie Brossette (CS:FBR), which lost 5.55% or 9.20 points to trade at 156.60 in late trade. CTM (CS:CTM) declined 5.53% or 47.00 points to end at 803.00 and Sothema (CS:SOT) shed 3.11% or 43 points to 1340.

Advancing stocks outnumbered falling ones by 19 to 14 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.18% or 0.10 to $56.84 a barrel. Meanwhile, Brent oil for delivery in January fell 0.43% or 0.27 to hit $63.25 a barrel, while the December Gold Futures contract rose 0.34% or 4.36 to trade at $1278.56 a troy ounce.

EUR/MAD was down 0.11% to 11.0670, while USD/MAD rose 0.03% to 9.4881.

The US Dollar Index Futures was up 0.18% at 94.47.

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