Morocco shares higher at close of trade; Moroccan All Shares up 0.02%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.02%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Real Estate , Utilities and Beverage sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.02% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Douja Prom Addoha (CS: ADH ), which rose 9.94% or 3.41 points to trade at 37.72 at the close. Brasseries Du Maroc (CS: SBM ) added 6.00% or 169 points to end at 2986 and Dari Couspate SA (CS: DRI ) was up 5.98% or 251 points to 4451 in late trade.

Biggest losers included Snep (CS: SNP ), which lost 6.02% or 50.00 points to trade at 780.00 in late trade. Oulmes (CS: OULM ) declined 5.98% or 113 points to end at 1777 and Afric Industries Sa (CS: AFIND ) shed 4.62% or 12.90 points to 266.10.

Advancing stocks outnumbered falling ones by 29 to 28 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was down 1.55% or 1.02 to $64.78 a barrel. Meanwhile, Brent oil for delivery in April fell 2.15% or 1.50 to hit $68.15 a barrel, while the April Gold Futures contract fell 1.04% or 14.00 to trade at $1333.90 a troy ounce.

EUR/MAD was down 0.18% to 11.3820, while USD/MAD rose 0.28% to 9.1437.

The US Dollar Index Futures was up 0.66% at 89.06.

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