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Morocco shares higher at close of trade; Moroccan All Shares up 0.15%

Published 2018/02/23, 19:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.15%
MASI
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LBV
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MLE
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MOX
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SNA
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TSF1
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LH
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SAC
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DISTR
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RDS
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Investing.com – Morocco equities were higher at the close on Friday, as gains in the Distributors, Hotels, Restaurants & Leisure and Utilities sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.15%.

The biggest gainers of the session on the Moroccan All Shares were Label Vie (CS:LBV), which rose 8.33% or 150 points to trade at 1950 at the close. Maghreb Oxygene (CS:OXYG) added 5.98% or 9.00 points to end at 159.60 and Maroc Leasing (CS:MLE) was up 5.98% or 24.50 points to 434.50 in late trade.

Biggest losers included Residences Dar Saada SA (CS:RDS), which lost 9.97% or 13.60 points to trade at 122.85 in late trade. Stokvis Nord Afrique (CS:SNA) declined 6.58% or 1.34 points to end at 19.03 and Taslif (CS:TSF1) shed 5.88% or 1.78 points to 28.50.

Advancing stocks outnumbered falling ones by 26 to 23 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was up 1.35% or 0.85 to $63.62 a barrel. Meanwhile, Brent oil for delivery in April rose 1.27% or 0.84 to hit $67.23 a barrel, while the April Gold Futures contract fell 0.11% or 1.50 to trade at $1331.20 a troy ounce.

EUR/MAD was down 0.03% to 11.3370, while USD/MAD rose 0.20% to 9.2156.

The US Dollar Index Futures was up 0.11% at 89.76.

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