Morocco shares higher at close of trade; Moroccan All Shares up 0.05%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.05%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Friday, as gains in the Hotels, Restaurants & Leisure , Beverage and Utilities sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.05%.

The biggest gainers of the session on the Moroccan All Shares were Maroc Leasing (CS: MLE ), which rose 5.96% or 27.45 points to trade at 488.00 at the close. Realis. Mecaniques (CS: SRM ) added 5.57% or 14.75 points to end at 279.75 and Brasseries Du Maroc (CS: SBM ) was up 2.97% or 89 points to 3086 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 9.99% or 9.99 points to trade at 90.01 in late trade. Timar (CS: TIM ) declined 9.72% or 21.85 points to end at 203.00 and Fenie Brossette (CS: FBR ) shed 9.18% or 14.35 points to 142.00.

Advancing stocks outnumbered falling ones by 26 to 19 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was up 0.28% or 0.17 to $61.16 a barrel. Meanwhile, Brent oil for delivery in May rose 0.49% or 0.31 to hit $64.14 a barrel, while the April Gold Futures contract rose 1.16% or 15.20 to trade at $1320.40 a troy ounce.

EUR/MAD was up 0.15% to 11.3350, while USD/MAD fell 0.23% to 9.2053.

The US Dollar Index Futures was down 0.27% at 89.98.

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