Morocco shares higher at close of trade; Moroccan All Shares up 1.18%

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Morocco shares higher at close of trade; Moroccan All Shares up 1.18%
Credit: © Reuters. – Morocco equities were higher at the close on Friday, as gains in the Distributors , Construction & Building Materials and Banking sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 1.18% to hit a new 52-week high.

The biggest gainers of the session on the Moroccan All Shares were Auto Hall (CS: AUTO ), which rose 6.50% or 6.70 points to trade at 109.70 at the close. Colorado (CS: COL ) added 3.88% or 1.90 points to end at 50.90 and Attijariwafa Bank (CS: ATW ) was up 3.71% or 14.00 points to 391.00 in late trade.

Biggest losers included CDM (CS: CDM ), which lost 5.34% or 26 points to trade at 460 in late trade. Med Paper (CS: PAP ) declined 4.30% or 0.82 points to end at 18.23 and S2M (CS: S2M ) shed 2.82% or 5.45 points to 188.05.

Advancing stocks outnumbered falling ones by 19 to 13 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 1.85% or 0.92 to $48.80 a barrel. Meanwhile, Brent oil for delivery in December fell 1.33% or 0.67 to hit $49.80 a barrel, while the December Gold contract rose 0.78% or 9.95 to trade at $1279.45 a troy ounce.

EUR/MAD was up 0.44% to 10.8330, while USD/MAD fell 0.23% to 9.8739.

The US Dollar Index was down 0.50% at 98.43.

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