Morocco shares higher at close of trade; Moroccan All Shares up 0.03%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.03%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Forestry & Paper , Insurance and Mining sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.03%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS: PAP ), which rose 9.96% or 2.41 points to trade at 26.60 at the close. Colorado (CS: COL ) added 7.50% or 6.00 points to end at 86.00 and Managem (CS: MNG ) was up 2.65% or 45 points to 1745 in late trade.

Biggest losers included Timar (CS: TIM ), which lost 4.33% or 9.95 points to trade at 220.00 in late trade. Jet Contractors (CS: JET ) declined 4.00% or 15.00 points to end at 360.00 and Hps (CS: HPS ) shed 2.18% or 36.00 points to 1616.00.

Declining stocks outnumbered rising ones by 21 to 20 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 2.36% or 1.30 to $56.44 a barrel. Meanwhile, Brent oil for delivery in January rose 2.00% or 1.23 to hit $62.59 a barrel, while the December Gold Futures contract rose 0.99% or 12.66 to trade at $1290.86 a troy ounce.

EUR/MAD was up 0.07% to 11.1140, while USD/MAD fell 0.17% to 9.4212.

The US Dollar Index Futures was down 0.28% at 93.58.

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