Morocco shares higher at close of trade; Moroccan All Shares up 0.51%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.51%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Electrical & Electronic equipment , Banking and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.51%.

The biggest gainers of the session on the Moroccan All Shares were AFMA SA (CS: AFM ), which rose 9.95% or 98 points to trade at 1083 at the close. BMCI (CS: BMCI ) added 5.74% or 39 points to end at 719 and Nexans Maroc (CS: NEX ) was up 5.35% or 6.80 points to 133.80 in late trade.

Biggest losers included Maghrebail (CS: MAB ), which lost 5.99% or 51 points to trade at 799 in late trade. SMI (CS: SMI ) declined 5.88% or 85 points to end at 1360 and Afric Industries Sa (CS: AFIND ) shed 3.51% or 10.00 points to 275.00.

Declining stocks outnumbered rising ones by 27 to 15 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 1.14% or 0.69 to $59.98 a barrel. Meanwhile, Brent oil for delivery in January fell 1.02% or 0.72 to hit $69.93 a barrel, while the December Gold Futures contract fell 1.46% or 17.90 to trade at $1208.30 a troy ounce.

EUR/MAD was down 0.14% to 10.7990, while USD/MAD rose 0.22% to 9.5358.

The US Dollar Index Futures was up 0.28% at 96.82.

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