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Morocco stocks higher at close of trade; Moroccan All Shares up 1.02%

Published 01/12/2018, 12:05 PM
© Reuters.  Morocco stocks higher at close of trade; Moroccan All Shares up 1.02%
MASI
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CDM
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DRI
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FBR
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SBM
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WAA
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BOISS
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CHIM
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PG
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RDS
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Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Beverage, Chemicals and Oil & Gas sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 1.02% to hit a new 1-month high.

The best performers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS:SBM), which rose 5.96% or 164 points to trade at 2914 at the close. Meanwhile, CDM (CS:CDM) added 5.91% or 34 points to end at 609 and Dari Couspate SA (CS:DRI) was up 5.65% or 214 points to 4000 in late trade.

The worst performers of the session were Fenie Brossette (CS:FBR), which fell 3.16% or 4.90 points to trade at 150.10 at the close. Residences Dar Saada SA (CS:RDS) declined 1.88% or 2.85 points to end at 149.15 and Wafa Assurance (CS:WASS) was down 1.51% or 75 points to 4900.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 31 to 14 and 7 ended unchanged.

Shares in Brasseries Du Maroc (CS:SBM) rose to 5-year highs; gaining 5.96% or 164 to 2914. Shares in CDM (CS:CDM) rose to 3-years highs; up 5.91% or 34 to 609. Shares in Dari Couspate SA (CS:DRI) rose to all time highs; gaining 5.65% or 214 to 4000.

Crude oil for February delivery was up 0.11% or 0.07 to $63.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.06% or 0.04 to hit $69.30 a barrel, while the February Gold Futures contract rose 0.70% or 9.20 to trade at $1331.70 a troy ounce.

EUR/MAD was up 0.31% to 11.2670, while USD/MAD fell 0.53% to 9.2859.

The US Dollar Index Futures was down 0.64% at 91.07.

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