Morocco stocks higher at close of trade; Moroccan All Shares up 0.24%

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

At the close in Casablanca, the Moroccan All Shares gained 0.24%.

The best performers of the session on the Moroccan All Shares were Risma (CSE:RIS ), which rose 9.06% or 18.95 points to trade at 228.00 at the close. Meanwhile, Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP ) added 2.90% or 16.80 points to end at 596.90 and Taqa Morocco SA (CSE:TQM ) was up 2.82% or 37.00 points to 1,350.00 in late trade.

The worst performers of the session were Sanlam Maroc SA (CSE:SAH ), which fell 7.88% or 149.00 points to trade at 1,741.00 at the close. Stokvis Nord Afrique (CSE:SNA ) declined 7.42% or 1.25 points to end at 15.60 and Fenie Brossette (CSE:FBR ) was down 3.12% or 3.45 points to 107.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 18 and 5 ended unchanged.

Crude oil for January delivery was up 2.16% or 1.45 to $68.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.83% or 1.30 to hit $72.42 a barrel, while the February Gold Futures contract rose 1.42% or 37.71 to trade at $2,697.31 a troy ounce.

EUR/MAD was up 0.12% to 10.55, while USD/MAD rose 0.25% to 9.99.

The US Dollar Index Futures was down 0.12% at 105.61.

Source: Investing.com