Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Forestry & Paper, Telecoms and Pharmaceutical Industry sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.03% to hit a new 1-month low.
The best performers of the session on the Moroccan All Shares were CTM (CS:CTM), which rose 8.31% or 29.80 points to trade at 388.00 at the close. Meanwhile, Aluminum du Maroc SA (CS:ALU) added 5.94% or 69 points to end at 1229 and Hps (CS:HPS) was up 3.87% or 18.00 points to 483.00 in late trade.
The worst performers of the session were Med Paper (CS:PAP), which fell 6.00% or 1.17 points to trade at 18.33 at the close. Zellidja S.A (CS:ZELI) declined 5.99% or 18.55 points to end at 290.75 and Fenie Brossette (CS:FBR) was down 4.83% or 8.90 points to 175.10.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 29 to 14 and 4 ended unchanged.
Shares in CTM (CS:CTM) rose to 5-year highs; rising 8.31% or 29.80 to 388.00.
Crude oil for May delivery was down 2.61% or 1.34 to $50.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.14% or 1.26 to hit $57.92 a barrel, while the April Gold contract fell 0.44% or 5.30 to trade at $1199.50 a troy ounce.
EUR/MAD was down 0.11% to 10.7170, while USD/MAD fell 0.26% to 9.8290.
The US Dollar Index was down 0.05% at 97.49.