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

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Real Estate , Mining and Chemicals sectors led shares higher.

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

The best performers 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. Meanwhile, 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.

The worst performers of the session were Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI ), which fell 3.85% or 23.00 points to trade at 570.00 at the close. Ennakl Automobiles (CSE:NKL ) declined 3.03% or 1.00 points to end at 32.00 and Colorado (CSE:COL ) was down 2.87% or 1.49 points to 50.40.

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

Shares in Jet Contractors (CSE:JET ) rose to all time highs; gaining 6.43% or 100.00 to 1,655.00.

Crude oil for December delivery was down 2.69% or 1.95 to $70.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 2.38% or 1.80 to hit $73.83 a barrel, while the December Gold Futures contract fell 0.43% or 11.50 to trade at $2,694.30 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 0.25% at 104.64.

Source: Investing.com