Morocco shares higher at close of trade; Moroccan All Shares up 0.40%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.40%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Forestry & Paper , Chemicals and Transport sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.40%.

The biggest gainers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS: NKL ), which rose 8.30% or 3.74 points to trade at 48.79 at the close. Cartier Saada (CS: CRS ) added 4.17% or 1.00 points to end at 25.00 and Salafin (CS: SLF ) was up 3.92% or 40 points to 1060 in late trade.

Biggest losers included Douja Prom Addoha (CS: ADH ), which lost 9.99% or 3.41 points to trade at 30.74 in late trade. M2M Group (CS: M2M ) declined 6.90% or 37.90 points to end at 511.00 and IB Maroc Com SA (CS: IBC ) shed 4.61% or 4.14 points to 85.75.

Advancing stocks outnumbered falling ones by 25 to 19 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.79% or 0.51 to $64.89 a barrel. Meanwhile, Brent oil for delivery in June rose 0.04% or 0.03 to hit $69.44 a barrel, while the April Gold Futures contract rose 0.06% or 0.80 to trade at $1325.00 a troy ounce.

EUR/MAD was unchanged 0.00% to 11.3270, while USD/MAD fell 0.03% to 9.2050.

The US Dollar Index Futures was down 0.01% at 89.75.

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