Morocco stocks higher at close of trade; Moroccan All Shares up 0.48%

Investing.com – Morocco stocks were higher after the close on Monday, as gains in the Transport, Real Estate and Food Producers & Processors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.48%.

The best performers of the session on the Moroccan All Shares were CTM (CSE:CTM), which rose 10.00% or 90.70 points to trade at 998.00 at the close. Meanwhile, Sanlam Maroc SA (CSE:SAH) added 6.91% or 116.00 points to end at 1,795.00 and Alliances (CSE:ADI) was up 3.60% or 16.00 points to 460.00 in late trade.

The worst performers of the session were Med Paper (CSE:MDP), which fell 2.52% or 0.54 points to trade at 20.85 at the close. Total Maroc SA (CSE:TMA) declined 1.96% or 30.00 points to end at 1,500.00 and LafargeHolcim Maroc (CSE:LHM) was down 1.44% or 28.00 points to 1,921.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 32 to 16 and 9 ended unchanged.

Shares in CTM (CSE:CTM) rose to 5-year highs; gaining 10.00% or 90.70 to 998.00. Shares in Alliances (CSE:ADI) rose to 5-year highs; up 3.60% or 16.00 to 460.00.

Crude oil for February delivery was up 0.68% or 0.48 to $71.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.51% or 0.38 to hit $74.17 a barrel, while the February Gold Futures contract fell 0.62% or 16.41 to trade at $2,615.49 a troy ounce.

EUR/MAD was up 0.15% to 10.55, while USD/MAD fell 0.12% to 10.09.

The US Dollar Index Futures was up 0.15% at 107.95.