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Morocco stocks higher at close of trade; Moroccan All Shares up 0.49%

Published 04/13/2018, 01:05 PM
Updated 04/13/2018, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.49%

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Hotels, Restaurants & Leisure, Transport and Invest Companies & Other Finance sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.49%.

The best performers of the session on the Moroccan All Shares were AFMA SA (CS:AFM), which rose 9.68% or 99 points to trade at 1122 at the close. Meanwhile, Salafin (CS:SLF) added 5.58% or 58 points to end at 1098 and Dari Couspate SA (CS:DRI) was up 3.63% or 175 points to 5000 in late trade.

The worst performers of the session were Alliances (CS:ADI), which fell 6.37% or 10 points to trade at 147 at the close. Zellidja S.A (CS:ZELI) declined 5.98% or 9.00 points to end at 141.45 and Stroc Industrie (CS:STR) was down 4.35% or 2.00 points to 44.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 27 to 17 and 6 ended unchanged.

Shares in AFMA SA (CS:AFM) rose to all time highs; up 9.68% or 99 to 1122. Shares in Alliances (CS:ADI) fell to 52-week lows; losing 6.37% or 10 to 147. Shares in Salafin (CS:SLF) rose to all time highs; rising 5.58% or 58 to 1098. Shares in Dari Couspate SA (CS:DRI) rose to all time highs; rising 3.63% or 175 to 5000.

Crude oil for May delivery was up 0.55% or 0.37 to $67.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.96% or 0.69 to hit $72.71 a barrel, while the June Gold Futures contract rose 0.53% or 7.10 to trade at $1349.00 a troy ounce.

EUR/MAD was up 0.05% to 11.3330, while USD/MAD fell 0.03% to 9.1840.

The US Dollar Index Futures was down 0.03% at 89.46.

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