Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Utilities, Hotels, Restaurants & Leisure and Banking sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.72%.
The best performers of the session on the Moroccan All Shares were Auto Nejma (CS:NEJ1), which rose 5.56% or 100 points to trade at 1900 at the close. Meanwhile, Wafa Assurance (CS:WASS) added 4.49% or 200 points to end at 4650 and Lydec (CS:LYD) was up 3.85% or 20.00 points to 540.00 in late trade.
The worst performers of the session were IB Maroc Com SA (CS:IBC), which fell 6.00% or 6.00 points to trade at 94.00 at the close. M2M Group (CS:M2M) declined 5.98% or 19.75 points to end at 310.25 and Saham Assurance (CS:SAH) was down 5.33% or 65 points to 1155.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 27 to 27 and 8 ended unchanged.
Shares in Auto Nejma (CS:NEJ1) rose to 5-year highs; up 5.56% or 100 to 1900.
Crude oil for February delivery was down 0.15% or 0.08 to $53.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.21% or 0.12 to hit $56.73 a barrel, while the February Gold contract fell 0.06% or 0.75 to trade at $1157.35 a troy ounce.
EUR/MAD was up 0.23% to 10.6770, while USD/MAD fell 0.18% to 10.1165.
The US Dollar Index was down 0.49% at 102.16.