Morocco stocks higher at close of trade; Moroccan All Shares up 2.88%
Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Insurance , Construction & Building Materials and Invest Companies & Other Finance sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 2.88%.
The best performers of the session on the Moroccan All Shares were Alliances (CSE: ADI ), which rose 9.56% or 44.50 points to trade at 510.00 at the close. Meanwhile, Marocaine pour le Commerce et l’Industrie Banque SA (CSE: BCI ) added 9.50% or 49.00 points to end at 566.00 and Ste Nationale de Siderurgie SA (CSE: SID ) was up 9.01% or 173.00 points to 2,093.00 in late trade.
The worst performers of the session were IB Maroc Com SA (CSE: IBC ), which fell 4.52% or 1.78 points to trade at 37.61 at the close. M2M Group (CSE: M2M ) declined 3.08% or 16.00 points to end at 504.00 and Sanlam Maroc SA (CSE: SAH ) was down 2.50% or 50.00 points to 1,950.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 47 to 10 and 4 ended unchanged.
Shares in Ste Nationale de Siderurgie SA (CSE: SID ) rose to 5-year highs; gaining 9.01% or 173.00 to 2,093.00.
Crude oil for May delivery was down 0.31% or 0.19 to $61.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.39% or 0.25 to hit $64.63 a barrel, while the June Gold Futures contract rose 0.30% or 9.54 to trade at $3,235.84 a troy ounce.
EUR/MAD was down 0.45% to 10.54, while USD/MAD fell 0.22% to 9.30.
The US Dollar Index Futures was up 0.26% at 99.66.