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Morocco stocks higher at close of trade; Moroccan All Shares up 0.07%

Published 01/18/2019, 12:05 PM
Updated 01/18/2019, 12:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.07%

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Oil & Gas, Construction & Building Materials and Food Producers & Processors sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.07%.

The best performers of the session on the Moroccan All Shares were Afriquia Gaz (CS:AGAZ1), which rose 7.73% or 232 points to trade at 3233 at the close. Meanwhile, Ciments Du Maroc (CS:SCM) added 5.93% or 89 points to end at 1590 and Total Maroc SA (CS:TMA) was up 1.90% or 19.0 points to 1021.0 in late trade.

The worst performers of the session were AFMA SA (CS:AFM), which fell 9.90% or 97 points to trade at 883 at the close. Promopharm S.A. (CS:PRO) declined 8.42% or 79 points to end at 861 and Disway SA (CS:DWY) was down 6.30% or 17.95 points to 267.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 25 to 17 and 8 ended unchanged.

Shares in AFMA SA (CS:AFM) fell to 52-week lows; down 9.90% or 97 to 883. Shares in Promopharm S.A. (CS:PRO) fell to 52-week lows; losing 8.42% or 79 to 861. Shares in Disway SA (CS:DWY) fell to 52-week lows; down 6.30% or 17.95 to 267.00.

Crude oil for February delivery was up 2.94% or 1.53 to $53.60 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.39% or 1.46 to hit $62.64 a barrel, while the February Gold Futures contract fell 0.78% or 10.05 to trade at $1282.25 a troy ounce.

EUR/MAD was down 0.06% to 10.8687, while USD/MAD rose 0.23% to 9.5671.

The US Dollar Index Futures was up 0.31% at 96.005.

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