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

Published 24/10/2018, 04:05 am
Updated 24/10/2018, 04:05 am
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.02%

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

Investing.com – Morocco equities were higher at the close on Tuesday, as gains in the Forestry & Paper, Software & Computer Services and Construction & Building Materials sectors propelled shares higher.

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

The biggest gainers of the session on the Moroccan All Shares were Disway SA (CS:DWY), which rose 8.79% or 29.00 points to trade at 359.00 at the close. Med Paper (CS:PAP) added 8.63% or 1.51 points to end at 19.01 and Salafin (CS:SLF) was up 3.63% or 35 points to 999 in late trade.

Biggest losers included Ennakl Automobiles SA (CS:NKL), which lost 9.87% or 3.90 points to trade at 35.60 in late trade. Snep (CS:SNP) declined 4.99% or 24.90 points to end at 474.20 and Managem (CS:MNG) shed 2.52% or 29 points to 1121.

Advancing stocks outnumbered falling ones by 15 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 4.06% or 2.81 to $66.36 a barrel. Meanwhile, Brent oil for delivery in December fell 4.11% or 3.28 to hit $76.55 a barrel, while the December Gold Futures contract rose 1.04% or 12.70 to trade at $1233.90 a troy ounce.

EUR/MAD was up 0.02% to 10.8900, while USD/MAD fell 0.04% to 9.4930.

The US Dollar Index Futures was down 0.16% at 95.60.

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