Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Real Estate, Pharmaceutical Industry and Oil & Gas sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 3.17% to hit a new 5-year high.
The best performers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.99% or 20.50 points to trade at 225.75 at the close. Meanwhile, Med Paper (CS:PAP) added 9.99% or 2.76 points to end at 30.38 and Lydec (CS:LYD) was up 9.09% or 50.00 points to 600.00 in late trade.
The worst performers of the session were Afric Industries Sa (CS:AFIND), which fell 5.43% or 19.00 points to trade at 331.00 at the close. M2M Group (CS:M2M) declined 4.23% or 14.35 points to end at 325.15 and S2M (CS:S2M) was down 3.47% or 7.50 points to 208.70.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 35 to 9 and 5 ended unchanged.
Shares in Snep (CS:SNP) rose to 52-week highs; rising 9.99% or 20.50 to 225.75. Shares in Med Paper (CS:PAP) rose to 52-week highs; gaining 9.99% or 2.76 to 30.38.
Crude oil for February delivery was up 0.73% or 0.39 to $54.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.60% or 0.34 to hit $57.23 a barrel, while the February Gold contract fell 0.63% or 7.45 to trade at $1173.85 a troy ounce.
EUR/MAD was down 0.22% to 10.6760, while USD/MAD rose 0.24% to 10.1127.
The US Dollar Index was up 0.57% at 101.97.