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Morocco stocks higher at close of trade; Moroccan All Shares up 0.08%

Published 05/06/2016, 01:05 PM
Updated 05/06/2016, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.08%

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Real Estate, Beverage and Oil & Gas sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.08% to hit a new 52-week high.

The best performers of the session on the Moroccan All Shares were Afriquia Gaz (CS:AGAZ1), which rose 5.81% or 122 points to trade at 2220 at the close. Meanwhile, Unimer (CS:UMR) added 5.32% or 9.30 points to end at 184.00 and Douja Prom Addoha (CS:ADH) was up 3.82% or 1.53 points to 41.51 in late trade.

The worst performers of the session were Agma Lahlou-Tazi (CS:AGMA), which fell 5.96% or 148 points to trade at 2332 at the close. Eqdom (CS:EQDM) declined 5.78% or 59 points to end at 961 and AFMA SA (CS:AFM) was down 5.52% or 45 points to 770.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 28 to 19 and 6 ended unchanged.

Shares in Douja Prom Addoha (CS:ADH) rose to 52-week highs; rising 3.82% or 1.53 to 41.51.

Crude oil for June delivery was up 1.02% or 0.45 to $44.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.13% or 0.51 to hit $45.52 a barrel, while the June Gold contract rose 1.86% or 23.65 to trade at $1295.95 a troy ounce.

EUR/MAD was down 0.09% to 10.9670, while USD/MAD fell 0.24% to 9.6000.

The US Dollar Index was down 0.11% at 93.63.

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