Trump says Iran war "close to over" amid hopes for more negotiations
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 1.88%.
The best performers of the session on the Moroccan All Shares were Involys (CSE:INV), which rose 9.91% or 11.80 points to trade at 130.85 at the close. Meanwhile, Ste Nationale de Siderurgie SA (CSE:SID) added 7.57% or 178.00 points to end at 2,530.00 and Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) was up 6.59% or 10.25 points to 165.90 in late trade.
The worst performers of the session were Salafin (CSE:SLF), which fell 6.61% or 43.90 points to trade at 620.00 at the close. M2M Group (CSE:M2M) declined 4.92% or 25.90 points to end at 500.10 and Aluminum du Maroc SA (CSE:ALM) was down 2.46% or 44.00 points to 1,746.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 42 to 10 and 4 ended unchanged.
Shares in Involys (CSE:INV) rose to 3-years highs; gaining 9.91% or 11.80 to 130.85.
Crude oil for August delivery was down 0.07% or 0.05 to $73.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 2.85% or 2.25 to hit $76.60 a barrel, while the August Gold Futures contract fell 0.67% or 22.90 to trade at $3,385.20 a troy ounce.
EUR/MAD was up 0.08% to 10.52, while USD/MAD fell 0.10% to 9.14.
The US Dollar Index Futures was down 0.16% at 98.31.
