Morocco stocks higher at close of trade; Moroccan All Shares up 0.81%

Morocco stocks higher at close of trade; Moroccan All Shares up 0.81%

Sep 26, 2018

Morocco stocks were higher after the close on Wednesday, as gains in the Forestry&Paper, Construction&Building Materials and Chemicals sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.81%.

The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 6.95% or 1.39 points to trade at 21.39 at the close. Meanwhile, Ciments Du Maroc (CS:SCM) added 5.71% or 80 points to end at 1480 and LafargeHolcim Maroc (CS:LHM) was up 5.26% or 80 points to 1600 in late trade.

The worst performers of the session were Delta Holding S.A (CS:DHO), which fell 7.41% or 2.55 points to trade at 31.85 at the close. CTM (CS:CTM) declined 4.64% or 40.80 points to end at 839.20 and Stroc Industrie (CS:STR) was down 2.99% or 0.79 points to 25.65.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 20 to 20 and 6 ended unchanged.

Crude oil for November delivery was down 0.47% or 0.34 to $71.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.11% or 0.09 to hit $81.17 a barrel, while the December Gold Futures contract fell 0.34% or 4.10 to trade at $1201.00 a troy ounce.

EUR/MAD was down 0.08% to 10.9920, while USD/MAD rose 0.05% to 9.3524.

The US Dollar Index Futures was up 0.06% at 93.79.

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