Morocco stocks higher at close of trade; Moroccan All Shares up 0.76%

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

At the close in Casablanca, the Moroccan All Shares gained 0.76% to hit a new 5-year high.

The best performers of the session on the Moroccan All Shares were Alliances (CSE:ADI ), which rose 5.05% or 17.60 points to trade at 366.00 at the close. Meanwhile, Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP ) added 4.85% or 25.00 points to end at 540.00 and Fenie Brossette (CSE:FBR ) was up 4.55% or 5.00 points to 115.00 in late trade.

The worst performers of the session were Salafin (CSE:SLF ), which fell 4.39% or 25.00 points to trade at 544.00 at the close. Taqa Morocco SA (CSE:TQM ) declined 3.31% or 48.00 points to end at 1,400.00 and Societe Equipement Domestique et Menager SA (CSE:EQD ) was down 3.31% or 36.00 points to 1,051.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 34 to 14 and 8 ended unchanged.

Shares in Alliances (CSE:ADI ) rose to 5-year highs; rising 5.05% or 17.60 to 366.00.

Crude oil for December delivery was down 0.61% or 0.42 to $68.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.58% or 0.42 to hit $72.14 a barrel, while the December Gold Futures contract rose 0.21% or 5.30 to trade at $2,578.20 a troy ounce.

EUR/MAD was up 0.27% to 10.55, while USD/MAD unchanged 0.04% to 9.98.

The US Dollar Index Futures was up 0.14% at 106.75.

Source: Investing.com