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Morocco shares higher at close of trade; Moroccan All Shares up 0.38%

Published 2018/05/04, 19:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.38%

Investing.com – Morocco equities were higher at the close on Friday, as gains in the Mining, Invest Companies & Other Finance and Insurance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.38%.

The biggest gainers of the session on the Moroccan All Shares were AFMA SA (CS:AFM), which rose 5.98% or 66 points to trade at 1170 at the close. Salafin (CS:SLF) added 5.85% or 59 points to end at 1068 and Managem (CS:MNG) was up 4.77% or 77 points to 1692 in late trade.

Biggest losers included Maghreb Oxygene (CS:OXYG), which lost 4.73% or 7.70 points to trade at 155.00 in late trade. Hps (CS:HPS) declined 4.52% or 90.00 points to end at 1899.00 and Ennakl Automobiles SA (CS:NKL) shed 4.39% or 2.10 points to 45.79.

Advancing stocks outnumbered falling ones by 22 to 18 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was up 1.93% or 1.32 to $69.75 a barrel. Meanwhile, Brent oil for delivery in July rose 1.71% or 1.26 to hit $74.88 a barrel, while the June Gold Futures contract rose 0.11% or 1.50 to trade at $1314.20 a troy ounce.

EUR/MAD was down 0.09% to 11.1880, while USD/MAD rose 0.14% to 9.3516.

The US Dollar Index Futures was up 0.13% at 92.40.

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