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

Investing.com – Morocco equities were higher at the close on Monday, as gains in the Real Estate, Holding Companies and Distributors sectors propelled shares higher.

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

The biggest gainers 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. 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.

Biggest losers included IB Maroc Com SA (CSE:IBC), which lost 6.11% or 2.44 points to trade at 37.50 in late trade. Realis. Mecaniques (CSE:SRM) declined 4.61% or 24.90 points to end at 515.00 and Micro Data SA (CSE:MIC) shed 3.52% or 22.90 points to 627.00.

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

In commodities trading, Crude oil for October delivery was up 1.18% or 0.80 to $68.47 a barrel. Meanwhile, Brent oil for delivery in November rose 0.91% or 0.65 to hit $71.71 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.