3 months ago
Stock Market

Morocco stocks higher at close of trade; Moroccan All Shares up 0.24%

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Chemicals, Real Estate and Invest

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Chemicals, Real Estate and Invest Companies&Other Finance sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.24% to hit a new 1-month high.

The best performers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS:NKL), which rose 6.70% or 2.35 points to trade at 37.40 at the close. Meanwhile, Salafin (CS:SLF) added 6.12% or 57 points to end at 988 and SMI (CS:SMI) was up 5.93% or 80 points to 1430 in late trade.

The worst performers of the session were Colorado (CS:COL), which fell 8.48% or 5.67 points to trade at 61.23 at the close. Stroc Industrie (CS:STR) declined 8.41% or 2.25 points to end at 24.50 and Auto Hall (CS:AUTO) was down 7.09% or 5.95 points to 78.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 22 to 17 and 4 ended unchanged.

Shares in Colorado (CS:COL) fell to 52-week lows; losing 8.48% or 5.67 to 61.23.

Crude oil for January delivery was down 0.17% or 0.09 to $51.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.35% or 0.21 to hit $59.70 a barrel, while the February Gold Futures contract fell 0.29% or 3.60 to trade at $1226.80 a troy ounce.

EUR/MAD was down 0.24% to 10.7810, while USD/MAD rose 0.42% to 9.5233.

The US Dollar Index Futures was up 0.40% at 97.085.