Morocco shares higher at close of trade; Moroccan All Shares up 1.47%

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Morocco shares higher at close of trade; Moroccan All Shares up 1.47%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Beverage , Pharmaceutical Industry and Distributors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 1.47% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Colorado (CS: COL ), which rose 9.97% or 7.37 points to trade at 81.27 at the close. Ciments Du Maroc (CS: SCM ) added 6.67% or 110 points to end at 1760 and Maghreb Oxygene (CS: OXYG ) was up 5.97% or 8.05 points to 143.00 in late trade.

Biggest losers included Stroc Industrie (CS: STR ), which lost 4.04% or 2.19 points to trade at 52.00 in late trade. Disway SA (CS: DWY ) declined 2.56% or 11.00 points to end at 419.00 and S2M (CS: S2M ) shed 1.77% or 5.05 points to 279.95.

Advancing stocks outnumbered falling ones by 39 to 6 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 0.40% or 0.23 to $56.94 a barrel. Meanwhile, Brent oil for delivery in January fell 0.27% or 0.17 to hit $63.76 a barrel, while the December Gold Futures contract fell 0.86% or 11.01 to trade at $1276.49 a troy ounce.

EUR/MAD was unchanged 0.00% to 11.0630, while USD/MAD fell 0.16% to 9.4887.

The US Dollar Index Futures was down 0.11% at 94.32.

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