Morocco shares higher at close of trade; Moroccan All Shares up 0.32%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.32%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Distributors , Pharmaceutical Industry and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.32%.

The biggest gainers of the session on the Moroccan All Shares were AFMA SA (CS: AFM ), which rose 9.89% or 94 points to trade at 1044 at the close. Label Vie (CS: LBV ) added 9.81% or 210 points to end at 2350 and Involys (CS: INV ) was up 7.59% or 9.15 points to 129.65 in late trade.

Biggest losers included Ennakl Automobiles SA (CS: NKL ), which lost 5.11% or 2.30 points to trade at 42.70 in late trade. Med Paper (CS: PAP ) declined 3.38% or 0.84 points to end at 24.01 and Alliances (CS: ADI ) shed 2.96% or 4 points to 131.

Advancing stocks outnumbered falling ones by 36 to 14 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was down 4.30% or 3.04 to $67.67 a barrel. Meanwhile, Brent oil for delivery in July fell 3.35% or 2.64 to hit $76.15 a barrel, while the June Gold Futures contract fell 0.05% or 0.70 to trade at $1303.70 a troy ounce.

EUR/MAD was down 0.20% to 11.0820, while USD/MAD rose 0.30% to 9.4990.

The US Dollar Index Futures was up 0.37% at 94.07.

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