Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Electrical & Electronic equipment, Hotels, Restaurants & Leisure and Construction & Building Materials sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares lost 0.43%.
The best performers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.99% or 31.75 points to trade at 349.65 at the close. Meanwhile, Fenie Brossette (CS:FBR) added 9.97% or 14.45 points to end at 159.45 and Alliances (CS:ADI) was up 9.96% or 14 points to 154 in late trade.
The worst performers of the session were Delattre Levivier Maroc (CS:DLM), which fell 5.30% or 9.80 points to trade at 175.00 at the close. Nexans Maroc (CS:NEX) declined 4.48% or 7.50 points to end at 160.00 and Stokvis Nord Afrique (CS:SNA) was down 4.11% or 0.90 points to 21.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 27 to 20 and 8 ended unchanged.
Shares in Snep (CS:SNP) rose to 5-year highs; gaining 9.99% or 31.75 to 349.65. Shares in Fenie Brossette (CS:FBR) rose to 52-week highs; gaining 9.97% or 14.45 to 159.45. Shares in Alliances (CS:ADI) rose to 52-week highs; up 9.96% or 14 to 154.
Crude oil for March delivery was up 2.06% or 1.09 to $54.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 2.18% or 1.21 to hit $56.84 a barrel, while the April Gold Futures contract fell 0.07% or 0.85 to trade at $1235.95 a troy ounce.
EUR/MAD was down 0.05% to 10.7150, while USD/MAD rose 0.03% to 10.0625.
The US Dollar Index Futures was down 0.04% at 100.62.