Morocco stocks higher at close of trade; Moroccan All Shares up 0.82%

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Holding Companies , Construction & Building Materials and Insurance sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.82% to hit a new 1-month high.

The best performers of the session on the Moroccan All Shares were Ciments Du Maroc (CSE:CMA ), which rose 8.30% or 144.00 points to trade at 1,879.00 at the close. Meanwhile, Delta Holding S.A (CSE:DHO ) added 8.25% or 4.21 points to end at 55.21 and Wafa Assurance (CSE:WAA ) was up 3.53% or 150.00 points to 4,400.00 in late trade.

The worst performers of the session were Involys (CSE:INV ), which fell 7.12% or 7.75 points to trade at 101.05 at the close. Realis. Mecaniques (CSE:SRM ) declined 4.98% or 24.90 points to end at 475.00 and IB Maroc Com SA (CSE:IBC ) was down 4.68% or 1.82 points to 37.03.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 18 and 11 ended unchanged.

Shares in Delta Holding S.A (CSE:DHO ) rose to 5-year highs; rising 8.25% or 4.21 to 55.21.

Crude oil for October delivery was up 1.09% or 0.75 to $69.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.00% or 0.72 to hit $72.69 a barrel, while the December Gold Futures contract rose 0.95% or 24.40 to trade at $2,605.00 a troy ounce.

EUR/MAD was up 0.34% to 10.82, while USD/MAD unchanged 0.00% to 9.78.

The US Dollar Index Futures was down 0.36% at 100.99.

Source: Investing.com

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