Morocco stocks higher at close of trade; Moroccan All Shares up 0.03%

Morocco stocks higher at close of trade; Moroccan All Shares up 0.03%

Apr 24, 2018

Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Hotels, Restaurants&Leisure, Beverage and Distributors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.03%.

The best performers of the session on the Moroccan All Shares were Auto Nejma (CS:NEJ1), which rose 5.97% or 109 points to trade at 1934 at the close. Meanwhile, Oulmes (CS:OULM) added 5.88% or 100 points to end at 1800 and Maghreb Oxygene (CS:OXYG) was up 5.07% or 8.35 points to 173.00 in late trade.

The worst performers of the session were CDM (CS:CDM), which fell 5.17% or 30 points to trade at 550 at the close. Med Paper (CS:PAP) declined 3.85% or 1.00 points to end at 25.00 and Alliances (CS:ADI) was down 3.37% or 6 points to 160.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 19 to 15 and 5 ended unchanged.

Shares in Maghreb Oxygene (CS:OXYG) rose to 3-years highs; up 5.07% or 8.35 to 173.00.

Crude oil for June delivery was down 0.52% or 0.36 to $68.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.31% or 0.23 to hit $74.48 a barrel, while the June Gold Futures contract rose 0.65% or 8.60 to trade at $1332.60 a troy ounce.

EUR/MAD was up 0.11% to 11.2900, while USD/MAD fell 0.18% to 9.2225.

The US Dollar Index Futures was down 0.14% at 90.56.

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