Morocco shares higher at close of trade; Moroccan All Shares up 1.35%

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Morocco shares higher at close of trade; Moroccan All Shares up 1.35%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Friday, as gains in the Construction & Building Materials , Telecoms and Real Estate sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 1.35%.

The biggest gainers of the session on the Moroccan All Shares were Zellidja S.A (CS: ZELI ), which rose 5.98% or 7.30 points to trade at 129.30 at the close. Centrale Danone (CS: CDA ) added 5.97% or 63 points to end at 1118 and Bmce Bank (CS: BMCE ) was up 4.70% or 10.10 points to 225.00 in late trade.

Biggest losers included Snep (CS: SNP ), which lost 9.99% or 26.35 points to trade at 237.40 in late trade. Med Paper (CS: PAP ) declined 9.98% or 4.10 points to end at 36.97 and Timar (CS: TIM ) shed 5.80% or 15.95 points to 259.05.

Advancing stocks outnumbered falling ones by 26 to 24 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 2.34% or 1.22 to $53.34 a barrel. Meanwhile, Brent oil for delivery in March rose 2.44% or 1.32 to hit $55.48 a barrel, while the February Gold contract rose 0.33% or 3.95 to trade at $1205.45 a troy ounce.

EUR/MAD was up 0.05% to 10.7280, while USD/MAD fell 0.25% to 10.0300.

The US Dollar Index was down 0.14% at 100.96.

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