Morocco stocks higher at close of trade; Moroccan All Shares up 0.51%

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Real Estate , Holding Companies and Distributors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.51% to hit a new 1-month high.

The best performers of the session on the Moroccan All Shares were Ennakl Automobiles (CSE:NKL ), which rose 9.97% or 3.32 points to trade at 36.61 at the close. Meanwhile, Alliances (CSE:ADI ) added 6.90% or 20.00 points to end at 310.00 and Douja Prom Addoha (CSE:ADH ) was up 6.84% or 2.40 points to 37.50 in late trade.

The worst performers of the session were IB Maroc Com SA (CSE:IBC ), which fell 6.11% or 2.44 points to trade at 37.50 at the close. Realis. Mecaniques (CSE:SRM ) declined 4.61% or 24.90 points to end at 515.00 and Micro Data SA (CSE:MIC ) was down 3.52% or 22.90 points to 627.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 29 to 19 and 6 ended unchanged.

Shares in Alliances (CSE:ADI ) rose to 5-year highs; up 6.90% or 20.00 to 310.00. Shares in Douja Prom Addoha (CSE:ADH ) rose to 5-year highs; gaining 6.84% or 2.40 to 37.50.

Crude oil for October delivery was up 1.23% or 0.83 to $68.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.94% or 0.67 to hit $71.73 a barrel, while the December Gold Futures contract rose 0.05% or 1.30 to trade at $2,525.90 a troy ounce.

EUR/MAD was down 0.36% to 10.75, while USD/MAD rose 0.12% to 9.73.

The US Dollar Index Futures was up 0.39% at 101.54.

Source: Investing.com