Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Holding Companies, Mining and Forestry & Paper sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.72% to hit a new 3-months high.
The best performers of the session on the Moroccan All Shares were Managem (CS:MNG), which rose 9.99% or 61 points to trade at 673 at the close. Meanwhile, Fenie Brossette (CS:FBR) added 5.50% or 5.40 points to end at 103.50 and Involys (CS:INV) was up 5.41% or 5.90 points to 114.90 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 5.98% or 20.10 points to trade at 315.70 at the close. S2M (CS:S2M) declined 5.19% or 10.90 points to end at 199.10 and Jet Contractors (CS:JET) was down 3.45% or 6.80 points to 190.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 16 and 6 ended unchanged.
Shares in Timar (CS:TIM) fell to 5-year lows; losing 5.98% or 20.10 to 315.70.
Crude oil for April delivery was down 4.07% or 1.34 to $31.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 4.20% or 1.44 to hit $32.84 a barrel, while the April Gold contract rose 0.53% or 6.50 to trade at $1232.80 a troy ounce.
EUR/MAD was up 0.04% to 10.8720, while USD/MAD fell 0.10% to 9.7742.
The US Dollar Index was down 0.12% at 96.72.