Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Oil & Gas, Electrical & Electronic equipment and Mining sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.41%.
The best performers of the session on the Moroccan All Shares were Afriquia Gaz (CS:AGAZ1), which rose 5.98% or 127 points to trade at 2250 at the close. Meanwhile, BMCI (CS:BMCI) added 5.04% or 31 points to end at 646 and Nexans Maroc (CS:NEX) was up 4.89% or 7.00 points to 149.95 in late trade.
The worst performers of the session were Axa Credit (CS:AXC), which fell 5.99% or 18.60 points to trade at 291.60 at the close. Hps (CS:HPS) declined 5.24% or 29.90 points to end at 540.00 and Maghreb Oxygene (CS:OXYG) was down 4.50% or 4.60 points to 97.40.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 22 and 2 ended unchanged.
Shares in Axa Credit (CS:AXC) fell to 5-year lows; down 5.99% or 18.60 to 291.60.
Crude oil for September delivery was down 2.03% or 0.91 to $43.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.01% or 0.93 to hit $45.27 a barrel, while the August Gold contract fell 0.60% or 8.05 to trade at $1322.95 a troy ounce.
EUR/MAD was down 0.24% to 10.8280, while USD/MAD rose 0.30% to 9.8598.
The US Dollar Index was up 0.58% at 97.50.