Morocco shares higher at close of trade; Moroccan All Shares up 0.60%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.60%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Hotels, Restaurants & Leisure , Oil & Gas and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.60% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Dari Couspate SA (CS: DRI ), which rose 5.99% or 214 points to trade at 3786 at the close. Lesieur Cristal (CS: LESU ) added 3.64% or 6.15 points to end at 175.00 and Taqa Morocco SA (CS: TQM ) was up 3.62% or 32.80 points to 939.90 in late trade.

Biggest losers included Taslif (CS: TSF1 ), which lost 5.17% or 1.32 points to trade at 24.21 in late trade. M2M Group (CS: M2M ) declined 4.76% or 20.00 points to end at 400.00 and Involys (CS: INV ) shed 3.39% or 4.40 points to 125.50.

Advancing stocks outnumbered falling ones by 30 to 14 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.97% or 0.60 to $61.41 a barrel. Meanwhile, Brent oil for delivery in March fell 0.62% or 0.42 to hit $67.65 a barrel, while the February Gold Futures contract rose 0.04% or 0.50 to trade at $1322.10 a troy ounce.

EUR/MAD was down 0.04% to 11.2400, while USD/MAD rose 0.21% to 9.3364.

The US Dollar Index Futures was up 0.13% at 91.72.

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