Morocco stocks higher at close of trade; Moroccan All Shares up 1.00%

Morocco stocks higher at close of trade; Moroccan All Shares up 1.00%

Aug 21, 2018

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

At the close in Casablanca, the Moroccan All Shares added 1.00%.

The best performers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS:SBM), which rose 7.14% or 200 points to trade at 3000 at the close. Meanwhile, SMI (CS:SMI) added 5.96% or 103 points to end at 1830 and Saham Assurance (CS:SAH) was up 4.17% or 60 points to 1500 in late trade.

The worst performers of the session were Stokvis Nord Afrique (CS:SNA), which fell 5.33% or 0.93 points to trade at 16.51 at the close. Stroc Industrie (CS:STR) declined 4.64% or 1.30 points to end at 26.70 and Involys (CS:INV) was down 3.13% or 3.80 points to 117.50.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 0 to 0.

Shares in Involys (CS:INV) fell to 52-week lows; down 3.13% or 3.80 to 117.50.

Crude oil for October delivery was up 0.96% or 0.63 to $66.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.55% or 0.40 to hit $72.61 a barrel, while the December Gold Futures contract rose 0.44% or 5.20 to trade at $1199.80 a troy ounce.

EUR/MAD was up 0.40% to 10.9590, while USD/MAD fell 0.29% to 9.4777.

The US Dollar Index Futures was down 0.51% at 95.19.

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