Morocco shares higher at close of trade; Moroccan All Shares up 0.24%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.24%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Hotels, Restaurants & Leisure , Mining and Utilities sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.24%.

The biggest gainers of the session on the Moroccan All Shares were Managem (CS: MNG ), which rose 5.34% or 91 points to trade at 1794 at the close. Afric Industries Sa (CS: AFIND ) added 4.81% or 12.80 points to end at 278.90 and Taslif (CS: TSF1 ) was up 4.58% or 1.16 points to 26.50 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 4.55% or 5.80 points to trade at 121.60 in late trade. Stokvis Nord Afrique (CS: SNA ) declined 2.15% or 0.44 points to end at 20.00 and Sonasid (CS: SOND ) shed 1.85% or 15 points to 795.

Advancing stocks outnumbered falling ones by 26 to 15 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was down 2.83% or 1.73 to $59.42 a barrel. Meanwhile, Brent oil for delivery in April fell 2.65% or 1.72 to hit $63.09 a barrel, while the April Gold Futures contract fell 0.01% or 0.10 to trade at $1318.90 a troy ounce.

EUR/MAD was down 0.10% to 11.3070, while USD/MAD rose 0.10% to 9.2483.

The US Dollar Index Futures was up 0.19% at 90.36.

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