Morocco stocks higher at close of trade; Moroccan All Shares up 0.08%

Morocco stocks higher at close of trade; Moroccan All Shares up 0.08%

Jun 04, 2018

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Beverage, Insurance and Software&Computer Services sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.08%.

The best performers of the session on the Moroccan All Shares were Stroc Industrie (CS:STR), which rose 8.35% or 2.62 points to trade at 33.99 at the close. Meanwhile, Disway SA (CS:DWY) added 7.93% or 34.90 points to end at 474.90 and Wafa Assurance (CS:WASS) was up 6.02% or 277 points to 4877 in late trade.

The worst performers of the session were Total Maroc SA (CS:TMA), which fell 9.94% or 141.0 points to trade at 1277.0 at the close. Afric Industries Sa (CS:AFIND) declined 5.93% or 18.20 points to end at 288.75 and Oulmes (CS:OULM) was down 5.48% or 90 points to 1551.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 17 to 16 and 8 ended unchanged.

Shares in Total Maroc SA (CS:TMA) fell to 52-week lows; losing 9.94% or 141.0 to 1277.0. Shares in Oulmes (CS:OULM) fell to 52-week lows; falling 5.48% or 90 to 1551.

Crude oil for July delivery was down 1.44% or 0.95 to $64.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.64% or 1.26 to hit $75.53 a barrel, while the August Gold Futures contract fell 0.15% or 2.00 to trade at $1297.30 a troy ounce.

EUR/MAD was up 0.08% to 11.0900, while USD/MAD fell 0.14% to 9.4891.

The US Dollar Index Futures was down 0.14% at 94.03.

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