Morocco stocks higher at close of trade; Moroccan All Shares up 0.39%

Morocco stocks higher at close of trade; Moroccan All Shares up 0.39%

Nov 15, 2018

Morocco stocks were higher after the close on Thursday, as gains in the Real Estate, Construction&Building Materials and Chemicals sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.39%.

The best performers of the session on the Moroccan All Shares were Residences Dar Saada SA (CS:RDS), which rose 7.83% or 6.89 points to trade at 94.89 at the close. Meanwhile, Involys (CS:INV) added 6.00% or 6.90 points to end at 121.90 and Colorado (CS:COL) was up 5.74% or 3.90 points to 71.90 in late trade.

The worst performers of the session were Stroc Industrie (CS:STR), which fell 7.37% or 1.99 points to trade at 25.01 at the close. IB Maroc Com SA (CS:IBC) declined 4.62% or 3.00 points to end at 62.00 and CTM (CS:CTM) was down 3.63% or 33.90 points to 900.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 15 to 11 and 7 ended unchanged.

Crude oil for December delivery was up 1.37% or 0.77 to $57.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.56% or 1.03 to hit $67.15 a barrel, while the December Gold Futures contract rose 1.22% or 14.60 to trade at $1213.80 a troy ounce.

EUR/MAD was up 0.03% to 10.7900, while USD/MAD fell 0.18% to 9.5225.

The US Dollar Index Futures was up 0.32% at 96.97.

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