Morocco stocks higher at close of trade; Moroccan All Shares up 2.84%

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Banking , Beverage and Transport sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 2.84% to hit a new all time high.

The best performers of the session on the Moroccan All Shares were Disty Technologies SA (CSE:DYT ), which rose 7.45% or 20.10 points to trade at 290.00 at the close. Meanwhile, Ste Nationale de Siderurgie SA (CSE:SID ) added 6.67% or 70.00 points to end at 1,120.00 and Ennakl Automobiles (CSE:NKL ) was up 6.29% or 2.07 points to 34.97 in late trade.

The worst performers of the session were CTM (CSE:CTM ), which fell 9.95% or 120.00 points to trade at 1,086.00 at the close. Salafin (CSE:SLF ) declined 5.97% or 34.90 points to end at 550.00 and Cartier Saada (CSE:CRS ) was down 2.86% or 1.00 points to 34.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 44 to 12 and 6 ended unchanged.

Shares in Disty Technologies SA (CSE:DYT ) rose to all time highs; up 7.45% or 20.10 to 290.00. Shares in Ste Nationale de Siderurgie SA (CSE:SID ) rose to 5-year highs; gaining 6.67% or 70.00 to 1,120.00.

Crude oil for February delivery was up 0.77% or 0.56 to $73.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.42% or 0.32 to hit $76.25 a barrel, while the February Gold Futures contract fell 0.32% or 8.66 to trade at $2,660.34 a troy ounce.

EUR/MAD was down 0.65% to 10.39, while USD/MAD fell 0.30% to 10.09.

The US Dollar Index Futures was down 0.35% at 108.83.

Source: Investing.com