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%

Oct 03, 2018

Morocco stocks were higher after the close on Wednesday, as gains in the Real Estate, Software&Computer Services and Oil&Gas sectors led shares higher.

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

The best performers of the session on the Moroccan All Shares were Residences Dar Saada SA (CS:RDS), which rose 6.56% or 6.40 points to trade at 103.90 at the close. Meanwhile, Total Maroc SA (CS:TMA) added 3.60% or 40.0 points to end at 1150.0 and Ennakl Automobiles SA (CS:NKL) was up 3.32% or 1.11 points to 34.51 in late trade.

The worst performers of the session were Fenie Brossette (CS:FBR), which fell 7.95% or 7.95 points to trade at 92.00 at the close. Stroc Industrie (CS:STR) declined 7.41% or 1.88 points to end at 23.50 and Sonasid (CS:SOND) was down 4.82% or 27 points to 533.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 13 to 13 and 9 ended unchanged.

Shares in Stroc Industrie (CS:STR) fell to all time lows; falling 7.41% or 1.88 to 23.50.

Crude oil for November delivery was up 0.92% or 0.69 to $75.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.99% or 0.84 to hit $85.64 a barrel, while the December Gold Futures contract fell 0.36% or 4.40 to trade at $1202.60 a troy ounce.

EUR/MAD was down 0.10% to 10.9110, while USD/MAD rose 0.12% to 9.4695.

The US Dollar Index Futures was up 0.26% at 95.38.

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