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Morocco stocks higher at close of trade; Moroccan All Shares up 0.62%

Published 08/11/2017, 01:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 0.62%
MASI
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FBR
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INV
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MIC
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SNA
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SID
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TIM
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EEE
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LH
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SAC
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Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Hotels, Restaurants & Leisure, Electrical & Electronic equipment and Utilities sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.62%.

The best performers of the session on the Moroccan All Shares were Timar (CS:TIM), which rose 10.00% or 21.00 points to trade at 231.05 at the close. Meanwhile, Sonasid (CS:SOND) added 9.99% or 74 points to end at 810 and Involys (CS:INV) was up 9.96% or 12.95 points to 142.95 in late trade.

The worst performers of the session were Micro Data SA (CS:MIC), which fell 3.75% or 7.80 points to trade at 200.15 at the close. Fenie Brossette (CS:FBR) declined 2.57% or 3.90 points to end at 147.60 and Stokvis Nord Afrique (CS:SNA) was down 2.09% or 0.46 points to 21.54.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 32 to 13 and 6 ended unchanged.

Shares in Sonasid (CS:SOND) rose to 52-week highs; up 9.99% or 74 to 810. Shares in Involys (CS:INV) rose to 52-week highs; gaining 9.96% or 12.95 to 142.95.

Crude oil for September delivery was down 0.23% or 0.11 to $48.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.27% or 0.14 to hit $51.76 a barrel, while the December Gold Futures contract rose 0.25% or 3.28 to trade at $1293.38 a troy ounce.

EUR/MAD was up 0.33% to 11.1810, while USD/MAD fell 0.16% to 9.4503.

The US Dollar Index Futures was down 0.44% at 92.89.

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