Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Utilities, Construction & Building Materials and Holding Companies sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.51%.
The best performers of the session on the Moroccan All Shares were Fenie Brossette (CS:FBR), which rose 5.81% or 7.10 points to trade at 129.20 at the close. Meanwhile, Label Vie (CS:LBV) added 3.50% or 42 points to end at 1242 and CIH (CS:CIH) was up 2.99% or 9.30 points to 319.80 in late trade.
The worst performers of the session were Nexans Maroc (CS:NEX), which fell 5.97% or 10.10 points to trade at 158.90 at the close. Stokvis Nord Afrique (CS:SNA) declined 5.97% or 1.72 points to end at 27.08 and Alliances (CS:ADI) was down 5.05% or 4 points to 84.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 22 to 10 and 6 ended unchanged.
Shares in Alliances (CS:ADI) fell to all time lows; losing 5.05% or 4 to 84.
Crude oil for August delivery was down 2.07% or 1.26 to $59.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 2.58% or 1.66 to hit $62.60 a barrel, while the August Gold contract rose 0.04% or 0.50 to trade at $1202.50 a troy ounce.
EUR/MAD was down 0.12% to 10.9180, while USD/MAD fell 0.01% to 9.6308.
The US Dollar Index was up 0.22% at 94.42.