Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Beverage, Real Estate and Distributors sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.46% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS:SBM), which rose 5.99% or 106 points to trade at 1874 at the close. Meanwhile, Delattre Levivier Maroc (CS:DLM) added 5.97% or 10.70 points to end at 189.70 and Alliances (CS:ADI) was up 5.38% or 2 points to 47 in late trade.
The worst performers of the session were Realis. Mecaniques (CS:SRM), which fell 9.69% or 16.00 points to trade at 149.00 at the close. Med Paper (CS:PAP) declined 6.00% or 0.75 points to end at 11.75 and Cartier Saada (CS:CRS) was down 6.00% or 1.02 points to 15.98.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 25 to 19 and 5 ended unchanged.
Shares in Realis. Mecaniques (CS:SRM) fell to all time lows; losing 9.69% or 16.00 to 149.00. Shares in Med Paper (CS:PAP) fell to all time lows; down 6.00% or 0.75 to 11.75. Shares in Cartier Saada (CS:CRS) fell to 3-years lows; falling 6.00% or 1.02 to 15.98.
Crude oil for March delivery was down 0.79% or 0.25 to $31.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.39% or 0.14 to hit $34.33 a barrel, while the April Gold contract fell 0.22% or 2.50 to trade at $1155.00 a troy ounce.
EUR/MAD was down 0.19% to 10.8760, while USD/MAD rose 0.54% to 9.7700.
The US Dollar Index was up 0.71% at 97.19.