Morocco shares higher at close of trade; Moroccan All Shares up 1.21%

Investing.com – Morocco equities were higher at the close on Friday, as gains in the Real Estate, Mining and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 1.21% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM), which rose 9.99% or 57.80 points to trade at 636.60 at the close. Jet Contractors (CSE:JET) added 6.43% or 100.00 points to end at 1,655.00 and Douja Prom Addoha (CSE:ADH) was up 6.17% or 2.15 points to 37.00 in late trade.

Biggest losers included Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI), which lost 3.85% or 23.00 points to trade at 570.00 in late trade. Ennakl Automobiles (CSE:NKL) declined 3.03% or 1.00 points to end at 32.00 and Colorado (CSE:COL) shed 2.87% or 1.49 points to 50.40.

Advancing stocks outnumbered falling ones by 37 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 2.65% or 1.92 to $70.44 a barrel. Meanwhile, Brent oil for delivery in January fell 2.35% or 1.78 to hit $73.85 a barrel, while the December Gold Futures contract fell 0.41% or 11.20 to trade at $2,694.60 a troy ounce.

EUR/MAD was up 0.08% to 10.65, while USD/MAD rose 0.18% to 9.88.

The US Dollar Index Futures was up 0.24% at 104.62.