Investing.com – Morocco equities were higher at the close on Friday, as gains in the Forestry & Paper, Beverage and Oil & Gas sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.54%.
The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 8.20% or 3 points to trade at 36 at the close. Afriquia Gaz (CS:AGAZ1) added 6.00% or 126 points to end at 2226 and Wafa Assurance (CS:WASS) was up 5.99% or 213 points to 3768 in late trade.
Biggest losers included Cartier Saada (CS:CRS), which lost 3.14% or 0.60 points to trade at 18.50 in late trade. S2M (CS:S2M) declined 3.05% or 6.00 points to end at 190.50 and Managem (CS:MNG) shed 1.95% or 19 points to 951.
Advancing stocks outnumbered falling ones by 28 to 15 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for December delivery was up 1.04% or 0.48 to $46.54 a barrel. Meanwhile, Brent oil for delivery in December rose 1.42% or 0.69 to hit $49.49 a barrel, while the December Gold contract fell 0.41% or 4.70 to trade at $1142.60 a troy ounce.
EUR/MAD was up 0.08% to 10.8110, while USD/MAD fell 0.23% to 9.8190.
The US Dollar Index was down 0.48% at 96.90.