Morocco shares higher at close of trade; Moroccan All Shares up 0.37%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.37%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Banking , Holding Companies and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.37%.

The biggest gainers of the session on the Moroccan All Shares were Maghreb Oxygene (CS: OXYG ), which rose 3.77% or 6.00 points to trade at 165.00 at the close. Bmce Bank (CS: BMCE ) added 3.54% or 7.30 points to end at 213.50 and Eqdom (CS: EQDM ) was up 3.45% or 40 points to 1199 in late trade.

Biggest losers included Atlanta (CS: ATL ), which lost 7.77% or 5.90 points to trade at 70.00 in late trade. Brasseries Du Maroc (CS: SBM ) declined 5.98% or 183 points to end at 2877 and Afriquia Gaz (CS: AGAZ1 ) shed 5.85% or 175 points to 2815.

Declining stocks outnumbered rising ones by 20 to 14 and 11 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 4.73% or 3.10 to $68.64 a barrel. Meanwhile, Brent oil for delivery in August rose 2.15% or 1.57 to hit $74.62 a barrel, while the August Gold Futures contract fell 0.02% or 0.20 to trade at $1270.30 a troy ounce.

EUR/MAD was up 0.13% to 11.0810, while USD/MAD fell 0.17% to 9.5203.

The US Dollar Index Futures was down 0.28% at 94.28.

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