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Morocco shares higher at close of trade; Moroccan All Shares up 0.15%

Published 2018-03-09, 12:05 p/m
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.15%
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Investing.com – Morocco equities were higher at the close on Friday, as gains in the Real Estate, Oil & Gas and Invest Companies & Other Finance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.15% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 9.98% or 21 points to trade at 233 at the close. Afric Industries Sa (CS:AFIND) added 6.00% or 16.25 points to end at 287.25 and Realis. Mecaniques (CS:SRM) was up 4.89% or 13.00 points to 279.00 in late trade.

Biggest losers included Saham Assurance (CS:SAH), which lost 9.97% or 176 points to trade at 1589 in late trade. Med Paper (CS:PAP) declined 5.33% or 1.54 points to end at 27.35 and Micro Data SA (CS:MIC) shed 2.32% or 6.90 points to 290.10.

Advancing stocks outnumbered falling ones by 29 to 12 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was up 2.79% or 1.68 to $61.80 a barrel. Meanwhile, Brent oil for delivery in May rose 2.64% or 1.68 to hit $65.29 a barrel, while the April Gold Futures contract rose 0.26% or 3.40 to trade at $1325.10 a troy ounce.

EUR/MAD was unchanged 0.00% to 11.3300, while USD/MAD fell 0.15% to 9.1894.

The US Dollar Index Futures was down 0.14% at 89.98.

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