Investing.com – Morocco equities were higher at the close on Friday, as gains in the Beverage, Real Estate and Distributors sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.46% to hit a new 1-month high.
The biggest gainers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS:SBM), which rose 5.99% or 106 points to trade at 1874 at the close. Delattre Levivier Maroc (CS:DLM) added 5.97% or 10.70 points to end at 189.70 and Alliances (CS:ADI) was up 5.38% or 2 points to 47 in late trade.
Biggest losers included Realis. Mecaniques (CS:SRM), which lost 9.69% or 16.00 points to trade at 149.00 in late trade. Med Paper (CS:PAP) declined 6.00% or 0.75 points to end at 11.75 and Cartier Saada (CS:CRS) shed 6.00% or 1.02 points to 15.98.
Declining stocks outnumbered rising ones by 25 to 19 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for March delivery was down 0.66% or 0.21 to $31.51 a barrel. Meanwhile, Brent oil for delivery in April fell 0.25% or 0.09 to hit $34.38 a barrel, while the April Gold contract fell 0.22% or 2.50 to trade at $1155.00 a troy ounce.
EUR/MAD was down 0.19% to 10.8760, while USD/MAD rose 0.54% to 9.7700.
The US Dollar Index was up 0.70% at 97.19.