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Morocco stocks higher at close of trade; Moroccan All Shares up 0.19%

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Mining, Banking and Oil & Gas sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.19% to hit a new 5-year high.

The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CSE:IBC), which rose 5.67% or 1.93 points to trade at 35.98 at the close. Meanwhile, Akdital SA (CSE:AKT) added 4.43% or 46.00 points to end at 1,085.00 and CFG Bank SA (CSE:CFG) was up 4.17% or 8.00 points to 200.00 in late trade.

The worst performers of the session were Involys (CSE:INV), which fell 6.25% or 6.34 points to trade at 95.11 at the close. Cartier Saada (CSE:CRS) declined 4.65% or 1.58 points to end at 32.42 and Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) was down 4.20% or 22.90 points to 522.10.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 29 to 21 and 4 ended unchanged.

Shares in CFG Bank SA (CSE:CFG) rose to all time highs; gaining 4.17% or 8.00 to 200.00.

Crude oil for December delivery was down 2.43% or 1.71 to $68.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 2.23% or 1.65 to hit $72.22 a barrel, while the December Gold Futures contract fell 2.49% or 67.20 to trade at $2,627.60 a troy ounce.

EUR/MAD was down 0.66% to 10.58, while USD/MAD fell 0.07% to 9.92.

The US Dollar Index Futures was up 0.60% at 105.52.

This post appeared first on investing.com

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