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%

Oct 23, 2018

Morocco stocks were higher after the close on Tuesday, as gains in the Forestry&Paper, Software&Computer Services and Construction&Building Materials sectors led shares higher.

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

The best performers 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. Meanwhile, 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.

The worst performers of the session were Ennakl Automobiles SA (CS:NKL), which fell 9.87% or 3.90 points to trade at 35.60 at the close. Snep (CS:SNP) declined 4.99% or 24.90 points to end at 474.20 and Managem (CS:MNG) was down 2.52% or 29 points to 1121.

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

Shares in Managem (CS:MNG) fell to 52-week lows; losing 2.52% or 29 to 1121.

Crude oil for December delivery was down 4.06% or 2.81 to $66.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 4.10% or 3.27 to hit $76.56 a barrel, while the December Gold Futures contract rose 1.02% or 12.50 to trade at $1233.70 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 0.13% at 95.62.

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