Morocco stocks higher at close of trade; Moroccan All Shares up 0.38%

0 – Morocco stocks were higher after the close on Tuesday, as gains in the InsuranceBeverage and Real Estate sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.38%.

The best performers of the session on the Moroccan All Shares were Wafa Assurance (CS:WASS), which rose 4.85% or 198 points to trade at 4279 at the close. Meanwhile, BMCI (CS:BMCI) added 3.88% or 25 points to end at 670 and CDM (CS:CDM) was up 3.64% or 20 points to 570 in late trade.

The worst performers of the session were Taslif (CS:TSF1), which fell 5.98% or 1.43 points to trade at 22.48 at the close. Promopharm S.A. (CS:PRO) declined 5.94% or 62 points to end at 981 and Delattre Levivier Maroc (CS:DLM) was down 5.90% or 8.90 points to 142.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 14 and 2 ended unchanged.

Crude oil for February delivery was down 6.34% or 2.89 to $42.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 6.23% or 3.37 to hit $50.73 a barrel, while the February Gold Futures contract rose 1.14% or 14.40 to trade at $1272.50 a troy ounce.

EUR/MAD was up 0.23% to 10.8830, while USD/MAD rose 0.09% to 9.5566.

The US Dollar Index Futures was down 0.46% at 96.010.

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