Morocco shares higher at close of trade; Moroccan All Shares up 0.44%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.44%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Transport , Distributors and Utilities sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.44%.

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 6.60% or 99 points to trade at 1599 at the close. Involys (CS: INV ) added 5.47% or 6.95 points to end at 133.95 and Auto Hall (CS: AUTO ) was up 5.43% or 5.00 points to 97.00 in late trade.

Biggest losers included Fenie Brossette (CS: FBR ), which lost 4.13% or 5.00 points to trade at 116.00 in late trade. Med Paper (CS: PAP ) declined 3.55% or 1.06 points to end at 28.83 and IB Maroc Com SA (CS: IBC ) shed 3.23% or 3.00 points to 90.00.

Advancing stocks outnumbered falling ones by 26 to 20 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 1.57% or 1.01 to $65.31 a barrel. Meanwhile, Brent oil for delivery in May rose 1.39% or 0.96 to hit $69.87 a barrel, while the April Gold Futures contract rose 1.57% or 20.80 to trade at $1348.20 a troy ounce.

EUR/MAD was up 0.21% to 11.3320, while USD/MAD fell 0.24% to 9.1674.

The US Dollar Index Futures was down 0.44% at 89.08.

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