Morocco shares higher at close of trade; Moroccan All Shares up 0.73%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.73%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Beverage , Food Producers & Processors and Oil & Gas sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.73%.

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 9.86% or 138 points to trade at 1538 at the close. CDM (CS: CDM ) added 5.47% or 28 points to end at 540 and Brasseries Du Maroc (CS: SBM ) was up 4.09% or 110 points to 2800 in late trade.

Biggest losers included Timar (CS: TIM ), which lost 5.98% or 12.85 points to trade at 202.15 in late trade. Stokvis Nord Afrique (CS: SNA ) declined 4.92% or 0.88 points to end at 17.00 and SMI (CS: SMI ) shed 4.35% or 80 points to 1760.

Advancing stocks outnumbered falling ones by 22 to 16 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.71% or 1.19 to $68.42 a barrel. Meanwhile, Brent oil for delivery in September fell 0.80% or 0.60 to hit $73.94 a barrel, while the August Gold Futures contract fell 0.07% or 0.90 to trade at $1224.80 a troy ounce.

EUR/MAD was up 0.04% to 11.0350, while USD/MAD fell 0.07% to 9.4671.

The US Dollar Index Futures was down 0.11% at 94.47.

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