Morocco shares higher at close of trade; Moroccan All Shares up 1.02%

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Morocco shares higher at close of trade; Moroccan All Shares up 1.02%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Friday, as gains in the Beverage , Chemicals and Oil & Gas sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 1.02% 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 5.96% or 164 points to trade at 2914 at the close. CDM (CS: CDM ) added 5.91% or 34 points to end at 609 and Dari Couspate SA (CS: DRI ) was up 5.65% or 214 points to 4000 in late trade.

Biggest losers included Fenie Brossette (CS: FBR ), which lost 3.16% or 4.90 points to trade at 150.10 in late trade. Residences Dar Saada SA (CS: RDS ) declined 1.88% or 2.85 points to end at 149.15 and Wafa Assurance (CS: WASS ) shed 1.51% or 75 points to 4900.

Advancing stocks outnumbered falling ones by 31 to 14 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.11% or 0.07 to $63.87 a barrel. Meanwhile, Brent oil for delivery in March rose 0.04% or 0.03 to hit $69.29 a barrel, while the February Gold Futures contract rose 0.70% or 9.30 to trade at $1331.80 a troy ounce.

EUR/MAD was up 0.31% to 11.2670, while USD/MAD fell 0.53% to 9.2859.

The US Dollar Index Futures was down 0.64% at 91.07.

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