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Morocco shares higher at close of trade; Moroccan All Shares up 0.79%

Published 2018-01-19, 12:05 p/m
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.79%
MASI
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FBR
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HPS
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Investing.com – Morocco equities were higher at the close on Friday, as gains in the Utilities, Chemicals and Software & Computer Services sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.79% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Hps (CS:HPS), which rose 6.80% or 119.00 points to trade at 1869.00 at the close. Afriquia Gaz (CS:AGAZ1) added 5.99% or 180 points to end at 3186 and Lydec (CS:LYD) was up 5.98% or 37.40 points to 662.40 in late trade.

Biggest losers included SMI (CS:SMI), which lost 5.97% or 197 points to trade at 3103 in late trade. Sothema (CS:SOT) declined 5.67% or 85 points to end at 1415 and Fenie Brossette (CS:FBR) shed 5.63% or 8.95 points to 150.05.

Advancing stocks outnumbered falling ones by 37 to 12 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 1.05% or 0.67 to $63.28 a barrel. Meanwhile, Brent oil for delivery in March fell 1.01% or 0.70 to hit $68.61 a barrel, while the February Gold Futures contract rose 0.57% or 7.60 to trade at $1334.80 a troy ounce.

EUR/MAD was up 0.01% to 11.2980, while USD/MAD fell 0.02% to 9.2287.

The US Dollar Index Futures was up 0.01% at 90.32.

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