Morocco shares higher at close of trade; Moroccan All Shares up 0.76%

Investing.com – Morocco equities were higher at the close on Friday, as gains in the Chemicals, Real Estate and Mining sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.76% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Alliances (CSE:ADI), which rose 5.05% or 17.60 points to trade at 366.00 at the close. Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) added 4.85% or 25.00 points to end at 540.00 and Fenie Brossette (CSE:FBR) was up 4.55% or 5.00 points to 115.00 in late trade.

Biggest losers included Salafin (CSE:SLF), which lost 4.39% or 25.00 points to trade at 544.00 in late trade. Taqa Morocco SA (CSE:TQM) declined 3.31% or 48.00 points to end at 1,400.00 and Societe Equipement Domestique et Menager SA (CSE:EQD) shed 3.31% or 36.00 points to 1,051.00.

Advancing stocks outnumbered falling ones by 34 to 14 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 0.61% or 0.42 to $68.28 a barrel. Meanwhile, Brent oil for delivery in January fell 0.58% or 0.42 to hit $72.14 a barrel, while the December Gold Futures contract rose 0.21% or 5.40 to trade at $2,578.30 a troy ounce.

EUR/MAD was up 0.27% to 10.55, while USD/MAD unchanged 0.04% to 9.98.

The US Dollar Index Futures was up 0.13% at 106.74.