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Morocco shares higher at close of trade; Moroccan All Shares up 0.32%

Published 27/10/2017, 18:05
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.32%
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Investing.com – Morocco equities were higher at the close on Friday, as gains in the Utilities, Pharmaceutical Industry and Oil & Gas sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.32%.

The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 7.16% or 1.70 points to trade at 25.45 at the close. Timar (CS:TIM) added 6.93% or 14.90 points to end at 229.90 and Lydec (CS:LYD) was up 6.00% or 35.40 points to 625.60 in late trade.

Biggest losers included Micro Data SA (CS:MIC), which lost 3.13% or 7.80 points to trade at 241.10 in late trade. BMCI (CS:BMCI) declined 2.45% or 23 points to end at 917 and LafargeHolcim Maroc (CS:LHM) shed 2.06% or 40 points to 1900.

Advancing stocks outnumbered falling ones by 39 to 14 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 2.15% or 1.13 to $53.77 a barrel. Meanwhile, Brent oil for delivery in December rose 1.69% or 1.00 to hit $60.30 a barrel, while the December Gold Futures contract rose 0.16% or 2.03 to trade at $1271.63 a troy ounce.

EUR/MAD was down 0.22% to 11.0400, while USD/MAD rose 0.35% to 9.5275.

The US Dollar Index Futures was up 0.39% at 94.92.

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