Morocco shares higher at close of trade; Moroccan All Shares up 0.41%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.41%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Oil & Gas , Electrical & Electronic equipment and Mining sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.41%.

The biggest gainers of the session on the Moroccan All Shares were Afriquia Gaz (CS: AGAZ1 ), which rose 5.98% or 127 points to trade at 2250 at the close. BMCI (CS: BMCI ) added 5.04% or 31 points to end at 646 and Nexans Maroc (CS: NEX ) was up 4.89% or 7.00 points to 149.95 in late trade.

Biggest losers included Axa Credit (CS: AXC ), which lost 5.99% or 18.60 points to trade at 291.60 in late trade. Hps (CS: HPS ) declined 5.24% or 29.90 points to end at 540.00 and Maghreb Oxygene (CS: OXYG ) shed 4.50% or 4.60 points to 97.40.

Declining stocks outnumbered rising ones by 22 to 22 and 2 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 2.03% or 0.91 to $43.84 a barrel. Meanwhile, Brent oil for delivery in September fell 2.03% or 0.94 to hit $45.26 a barrel, while the August Gold contract fell 0.61% or 8.10 to trade at $1322.90 a troy ounce.

EUR/MAD was down 0.24% to 10.8280, while USD/MAD rose 0.30% to 9.8598.

The US Dollar Index was up 0.58% at 97.50.

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