Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Forestry & Paper, Utilities and Mining sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 1.89% to hit a new 3-months high.
The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.97% or 3.19 points to trade at 35.19 at the close. Meanwhile, Saham Assurance (CS:SAH) added 9.93% or 133 points to end at 1473 and Lydec (CS:LYD) was up 9.52% or 60.00 points to 690.00 in late trade.
The worst performers of the session were Stroc Industrie (CS:STR), which fell 4.73% or 2.14 points to trade at 43.06 at the close. Sonasid (CS:SOND) declined 1.48% or 6 points to end at 400 and Jet Contractors (CS:JET) was down 1.23% or 1.75 points to 140.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 41 to 10 and 8 ended unchanged.
Shares in Saham Assurance (CS:SAH) rose to all time highs; rising 9.93% or 133 to 1473. Shares in Lydec (CS:LYD) rose to all time highs; gaining 9.52% or 60.00 to 690.00.
Crude oil for August delivery was down 3.23% or 1.47 to $44.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 3.22% or 1.55 to hit $46.56 a barrel, while the August Gold Futures contract fell 1.07% or 13.04 to trade at $1210.26 a troy ounce.
EUR/MAD was down 0.01% to 11.0130, while USD/MAD fell 0.02% to 9.6400.
The US Dollar Index Futures was up 0.20% at 95.77.