Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Insurance, Pharmaceutical Industry and Oil & Gas sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.07%.
The best performers of the session on the Moroccan All Shares were Promopharm S.A. (CS:PRO), which rose 9.95% or 119 points to trade at 1314 at the close. Meanwhile, Saham Assurance (CS:SAH) added 5.91% or 58 points to end at 1038 and Involys (CS:INV) was up 5.83% or 7.00 points to 127.00 in late trade.
The worst performers of the session were Agma Lahlou-Tazi (CS:AGMA), which fell 5.34% or 124 points to trade at 2194 at the close. Holcim Maroc SA (CS:HOL) declined 4.97% or 114 points to end at 2176 and Med Paper (CS:PAP) was down 4.11% or 0.73 points to 17.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 21 to 18 and 5 ended unchanged.
Crude oil for August delivery was down 0.02% or 0.01 to $48.32 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.04% or 0.02 to hit $49.73 a barrel, while the August Gold contract rose 1.38% or 18.20 to trade at $1338.80 a troy ounce.
EUR/MAD was up 0.06% to 10.8710, while USD/MAD fell 0.30% to 9.7577.
The US Dollar Index was down 0.30% at 95.66.