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Morocco shares higher at close of trade; Moroccan All Shares up 0.23%

Published 2017-08-18, 01:05 p/m
Updated 2017-08-18, 01:05 p/m
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.23%

© Reuters. Morocco shares higher at close of trade; Moroccan All Shares up 0.23%

Investing.com – Morocco equities were higher at the close on Friday, as gains in the Electrical & Electronic equipment, Utilities and Pharmaceutical Industry sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.23%.

The biggest gainers of the session on the Moroccan All Shares were Ciments Du Maroc (CS:SCM), which rose 7.51% or 104 points to trade at 1489 at the close. Afriquia Gaz (CS:AGAZ1) added 5.99% or 161 points to end at 2849 and Dari Couspate SA (CS:DRI) was up 5.96% or 155 points to 2755 in late trade.

Biggest losers included Aluminum mar 1l (CS:ALU), which lost 4.29% or 54 points to trade at 1206 in late trade. Snep (CS:SNP) declined 3.43% or 19.90 points to end at 561.10 and Label Vie (CS:LBV) shed 3.06% or 48 points to 1520.

Advancing stocks outnumbered falling ones by 31 to 20 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 2.80% or 1.32 to $48.41 a barrel. Meanwhile, Brent oil for delivery in October rose 3.04% or 1.55 to hit $52.58 a barrel, while the December Gold Futures contract fell 0.02% or 0.30 to trade at $1292.10 a troy ounce.

EUR/MAD was up 0.05% to 11.1350, while USD/MAD fell 0.14% to 9.4780.

The US Dollar Index Futures was down 0.21% at 93.44.

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