Morocco shares higher at close of trade; Moroccan All Shares up 0.04%

  • Stock Market News
Morocco shares higher at close of trade; Moroccan All Shares up 0.04%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Insurance , Oil & Gas and Invest Companies & Other Finance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.04%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 9.59% or 33.00 points to trade at 377.00 at the close. Wafa Assurance (CS: WASS ) added 6.52% or 251 points to end at 4101 and Eqdom (CS: EQDM ) was up 6.00% or 56 points to 982 in late trade.

Biggest losers included Delattre Levivier Maroc (CS: DLM ), which lost 5.48% or 10.90 points to trade at 188.10 in late trade. Risma (CS: RIS ) declined 2.50% or 3.00 points to end at 117.00 and Atlanta (CS: ATL ) shed 2.19% or 1.06 points to 47.24.

Advancing stocks outnumbered falling ones by 24 to 19 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.59% or 0.30 to $51.36 a barrel. Meanwhile, Brent oil for delivery in February rose 0.39% or 0.21 to hit $54.15 a barrel, while the February Gold contract rose 0.74% or 8.65 to trade at $1178.05 a troy ounce.

EUR/MAD was down 0.20% to 10.6950, while USD/MAD fell 0.27% to 10.0251.

The US Dollar Index was down 0.18% at 100.84.

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