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Morocco shares higher at close of trade; Moroccan All Shares up 0.49%

Published 2018-04-13, 01:05 p/m
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.49%
MASI
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ADI
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Investing.com – Morocco equities were higher at the close on Friday, as gains in the Hotels, Restaurants & Leisure, Transport and Invest Companies & Other Finance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.49%.

The biggest gainers of the session on the Moroccan All Shares were AFMA SA (CS:AFM), which rose 9.68% or 99 points to trade at 1122 at the close. Salafin (CS:SLF) added 5.58% or 58 points to end at 1098 and Dari Couspate SA (CS:DRI) was up 3.63% or 175 points to 5000 in late trade.

Biggest losers included Alliances (CS:ADI), which lost 6.37% or 10 points to trade at 147 in late trade. Zellidja S.A (CS:ZELI) declined 5.98% or 9.00 points to end at 141.45 and Stroc Industrie (CS:STR) shed 4.35% or 2.00 points to 44.00.

Advancing stocks outnumbered falling ones by 27 to 17 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.55% or 0.37 to $67.44 a barrel. Meanwhile, Brent oil for delivery in June rose 0.94% or 0.68 to hit $72.70 a barrel, while the June Gold Futures contract rose 0.52% or 7.00 to trade at $1348.90 a troy ounce.

EUR/MAD was up 0.05% to 11.3330, while USD/MAD fell 0.03% to 9.1840.

The US Dollar Index Futures was down 0.03% at 89.46.

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