Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Chemicals, Forestry & Paper and Food Producers & Processors sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.02% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 5.96% or 6.50 points to trade at 115.45 at the close. Meanwhile, Snep (CS:SNP) added 5.70% or 4.71 points to end at 87.25 and Holcim Maroc SA (CS:HOL) was up 5.22% or 114 points to 2294 in late trade.
The worst performers of the session were Centrale Danone (CS:CDA), which fell 5.99% or 47 points to trade at 734 at the close. Ennakl Automobiles SA (CS:NKL) declined 5.95% or 3.23 points to end at 51.00 and Stokvis Nord Afrique (CS:SNA) was down 5.57% or 1.40 points to 23.71.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 16 to 13 and 8 ended unchanged.
Shares in IB Maroc Com SA (CS:IBC) rose to 52-week highs; rising 5.96% or 6.50 to 115.45. Shares in Centrale Danone (CS:CDA) fell to 5-year lows; falling 5.99% or 47 to 734.
Crude oil for August delivery was up 0.44% or 0.20 to $45.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.51% or 0.24 to hit $47.61 a barrel, while the August Gold contract fell 0.15% or 2.05 to trade at $1330.15 a troy ounce.
EUR/MAD was down 0.33% to 10.8550, while USD/MAD rose 0.44% to 9.8232.
The US Dollar Index was up 0.57% at 96.65.