Morocco shares higher at close of trade; Moroccan All Shares up 0.25%

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Real Estate, Forestry&Paper and Pharmaceutical Industry sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.25%.

The biggest gainers of the session on the Moroccan All Shares were Alliances (CSE:ADI), which rose 9.98% or 26.60 points to trade at 293.10 at the close. Douja Prom Addoha (CSE:ADH) added 9.97% or 3.09 points to end at 34.09 and Stokvis Nord Afrique (CSE:SNA) was up 9.86% or 1.40 points to 15.60 in late trade.

Biggest losers included Realis. Mecaniques (CSE:SRM), which lost 6.63% or 31.60 points to trade at 445.00 in late trade. IB Maroc Com SA (CSE:IBC) declined 3.67% or 1.56 points to end at 41.00 and Micro Data SA (CSE:MIC) shed 2.34% or 15.00 points to 625.00.

Advancing stocks outnumbered falling ones by 28 to 26 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.27% or 0.20 to $73.75 a barrel. Meanwhile, Brent oil for delivery in November rose 0.09% or 0.07 to hit $77.00 a barrel, while the December Gold Futures contract rose 0.23% or 5.85 to trade at $2,533.45 a troy ounce.

EUR/MAD was up 0.71% to 10.85, while USD/MAD rose 0.68% to 9.80.

The US Dollar Index Futures was down 0.04% at 101.58.