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Morocco shares higher at close of trade; Moroccan All Shares up 0.07%

Published 19/01/2019, 04:05 am
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.07%
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Investing.com – Morocco equities were higher at the close on Friday, as gains in the Oil & Gas, Construction & Building Materials and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.07%.

The biggest gainers of the session on the Moroccan All Shares were Afriquia Gaz (CS:AGAZ1), which rose 7.73% or 232 points to trade at 3233 at the close. Ciments Du Maroc (CS:SCM) added 5.93% or 89 points to end at 1590 and Total Maroc SA (CS:TMA) was up 1.90% or 19.0 points to 1021.0 in late trade.

Biggest losers included AFMA SA (CS:AFM), which lost 9.90% or 97 points to trade at 883 in late trade. Promopharm S.A. (CS:PRO) declined 8.42% or 79 points to end at 861 and Disway SA (CS:DWY) shed 6.30% or 17.95 points to 267.00.

Declining stocks outnumbered rising ones by 25 to 17 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.98% or 1.55 to $53.62 a barrel. Meanwhile, Brent oil for delivery in March rose 2.42% or 1.48 to hit $62.66 a barrel, while the February Gold Futures contract fell 0.78% or 10.05 to trade at $1282.25 a troy ounce.

EUR/MAD was down 0.07% to 10.8672, while USD/MAD rose 0.23% to 9.5670.

The US Dollar Index Futures was up 0.31% at 96.007.

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