Morocco shares higher at close of trade; Moroccan All Shares up 0.25%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.25%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Friday, as gains in the Electrical & Electronic equipment , Real Estate and Telecoms sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.25%.

The biggest gainers of the session on the Moroccan All Shares were Timar (CS: TIM ), which rose 10.00% or 20.00 points to trade at 220.05 at the close. Alliances (CS: ADI ) added 4.78% or 8 points to end at 168 and Stroc Industrie (CS: STR ) was up 4.31% or 1.84 points to 44.50 in late trade.

Biggest losers included Oulmes (CS: OULM ), which lost 5.08% or 91 points to trade at 1700 in late trade. Lydec (CS: LYD ) declined 3.84% or 23.80 points to end at 595.20 and Saham Assurance (CS: SAH ) shed 3.16% or 49 points to 1501.

Advancing stocks outnumbered falling ones by 26 to 15 and 11 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.25% or 0.17 to $68.12 a barrel. Meanwhile, Brent oil for delivery in June fell 0.18% or 0.13 to hit $73.65 a barrel, while the June Gold Futures contract fell 0.70% or 9.50 to trade at $1339.30 a troy ounce.

EUR/MAD was down 0.19% to 11.3070, while USD/MAD rose 0.26% to 9.2020.

The US Dollar Index Futures was up 0.41% at 90.01.

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