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Morocco stocks higher at close of trade; Moroccan All Shares up 1.00%

Published 08/17/2018, 01:05 PM
Updated 08/17/2018, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 1.00%

© Reuters. Morocco stocks higher at close of trade; Moroccan All Shares up 1.00%

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Beverage, Forestry & Paper and Construction & Building Materials sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 1.00%.

The best performers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS:SBM), which rose 7.14% or 200 points to trade at 3000 at the close. Meanwhile, SMI (CS:SMI) added 5.96% or 103 points to end at 1830 and Saham Assurance (CS:SAH) was up 4.17% or 60 points to 1500 in late trade.

The worst performers of the session were Stokvis Nord Afrique (CS:SNA), which fell 5.33% or 0.93 points to trade at 16.51 at the close. Stroc Industrie (CS:STR) declined 4.64% or 1.30 points to end at 26.70 and Involys (CS:INV) was down 3.13% or 3.80 points to 117.50.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 30 to 11 and 4 ended unchanged.

Shares in Involys (CS:INV) fell to 52-week lows; down 3.13% or 3.80 to 117.50.

Crude oil for September delivery was up 0.20% or 0.13 to $65.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.14% or 0.10 to hit $71.53 a barrel, while the December Gold Futures contract rose 0.01% or 0.10 to trade at $1184.10 a troy ounce.

EUR/MAD was up 0.01% to 10.8810, while USD/MAD fell 0.13% to 9.5433.

The US Dollar Index Futures was down 0.31% at 96.18.

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