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Morocco shares higher at close of trade; Moroccan All Shares up 1.00%

Published 18/08/2018, 03:05 am
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 1.00%
MASI
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Investing.com – Morocco equities were higher at the close on Friday, as gains in the Beverage, Forestry & Paper and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 1.00%.

The biggest gainers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS:SBM), which rose 7.14% or 200 points to trade at 3000 at the close. SMI (CS:SMI) added 5.96% or 103 points to end at 1830 and Saham Assurance (CS:SAH) was up 4.17% or 60 points to 1500 in late trade.

Biggest losers included Stokvis Nord Afrique (CS:SNA), which lost 5.33% or 0.93 points to trade at 16.51 in late trade. Stroc Industrie (CS:STR) declined 4.64% or 1.30 points to end at 26.70 and Involys (CS:INV) shed 3.13% or 3.80 points to 117.50.

Advancing stocks outnumbered falling ones by 30 to 11 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.18% or 0.12 to $65.58 a barrel. Meanwhile, Brent oil for delivery in October rose 0.13% or 0.09 to hit $71.52 a barrel, while the December Gold Futures contract unchanged 0.00% or 0.00 to trade at $1184.00 a troy ounce.

EUR/MAD was up 0.01% to 10.8810, while USD/MAD fell 0.13% to 9.5433.

The US Dollar Index Futures was down 0.31% at 96.18.

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