Investing.com – Morocco equities were higher at the close on Friday, as gains in the Beverage, Oil & Gas and Software & Computer Services sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.85% to hit a new 3-month high.
The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 9.76% or 7 points to trade at 81 at the close. Maghrebail (CS:MAB) added 5.97% or 49 points to end at 870 and Afriquia Gaz (CS:AGAZ1) was up 5.26% or 120 points to 2400 in late trade.
Biggest losers included Nexans Maroc (CS:NEX), which lost 4.60% or 6.90 points to trade at 143.00 in late trade. Residences Dar Saada SA (CS:RDS) declined 2.86% or 4.95 points to end at 168.00 and Auto Hall (CS:AUTO) shed 2.65% or 3.00 points to 110.00.
Advancing stocks outnumbered falling ones by 23 to 21 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for November delivery was down 1.55% or 0.78 to $49.66 a barrel. Meanwhile, Brent oil for delivery in December fell 1.79% or 0.94 to hit $51.57 a barrel, while the December Gold contract rose 0.06% or 0.75 to trade at $1253.75 a troy ounce.
EUR/MAD was up 0.06% to 10.8900, while USD/MAD fell 0.09% to 9.7505.
The US Dollar Index was up 0.06% at 96.72.