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

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

May 09, 2018

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Oil&Gas, Hotels, Restaurants&Leisure and Chemicals sectors led shares higher.

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

The best performers of the session on the Moroccan All Shares were Afriquia Gaz (CS:AGAZ1), which rose 3.19% or 99 points to trade at 3199 at the close. Meanwhile, CIH (CS:CIH) added 2.23% or 7.00 points to end at 321.00 and Bmce Bank (CS:BMCE) was up 1.35% or 2.90 points to 217.90 in late trade.

The worst performers of the session were SMI (CS:SMI), which fell 5.59% or 184 points to trade at 3106 at the close. Jet Contractors (CS:JET) declined 3.34% or 12.85 points to end at 372.10 and Managem (CS:MNG) was down 3.00% or 50 points to 1614.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 16 to 16 and 5 ended unchanged.

Crude oil for June delivery was up 3.06% or 2.11 to $71.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 3.01% or 2.25 to hit $77.10 a barrel, while the June Gold Futures contract fell 0.08% or 1.00 to trade at $1312.70 a troy ounce.

EUR/MAD was down 0.02% to 11.1510, while USD/MAD rose 0.05% to 9.4052.

The US Dollar Index Futures was down 0.01% at 92.93.

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