Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Forestry & Paper, Hotels, Restaurants & Leisure and Construction & Building Materials sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.74%.
The best performers of the session on the Moroccan All Shares were SMI (CS:SMI), which rose 5.09% or 140 points to trade at 2890 at the close. Meanwhile, Med Paper (CS:PAP) added 3.73% or 1.02 points to end at 28.33 and AFMA SA (CS:AFM) was up 3.23% or 27 points to 859 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 6.00% or 13.70 points to trade at 214.80 at the close. Disway SA (CS:DWY) declined 4.84% or 17.90 points to end at 352.10 and Taslif (CS:TSF1) was down 4.00% or 1.04 points to 24.98.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 21 to 21 and 9 ended unchanged.
Shares in Taslif (CS:TSF1) fell to 5-year lows; falling 4.00% or 1.04 to 24.98.
Crude oil for March delivery was up 0.45% or 0.24 to $53.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.50% or 0.28 to hit $56.84 a barrel, while the April Gold Futures contract rose 0.24% or 2.90 to trade at $1222.30 a troy ounce.
EUR/MAD was up 0.29% to 10.7720, while USD/MAD rose 0.00% to 9.9848.
The US Dollar Index Futures was down 0.25% at 99.58.