Morocco shares higher at close of trade; Moroccan All Shares up 0.46%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.46%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Utilities , Software & Computer Services and Holding Companies sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.46%.

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 9.93% or 148 points to trade at 1638 at the close. Hps (CS: HPS ) added 6.53% or 95.00 points to end at 1550.00 and IB Maroc Com SA (CS: IBC ) was up 6.08% or 7.90 points to 137.90 in late trade.

Biggest losers included SMI (CS: SMI ), which lost 5.41% or 200 points to trade at 3500 in late trade. Snep (CS: SNP ) declined 2.19% or 15.00 points to end at 670.00 and Wafa Assurance (CS: WASS ) shed 1.61% or 80 points to 4899.

Advancing stocks outnumbered falling ones by 26 to 18 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.68% or 0.85 to $51.45 a barrel. Meanwhile, Brent oil for delivery in December rose 1.65% or 0.93 to hit $57.18 a barrel, while the December Gold Futures contract rose 0.53% or 6.85 to trade at $1303.35 a troy ounce.

EUR/MAD was up 0.01% to 11.1300, while USD/MAD fell 0.05% to 9.4000.

The US Dollar Index Futures was down 0.02% at 92.92.

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