Morocco stocks higher at close of trade; Moroccan All Shares up 0.31%

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Holding Companies , Chemicals and Oil & Gas sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.31%.

The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CSE:IBC ), which rose 5.88% or 2.00 points to trade at 36.00 at the close. Meanwhile, Miniere Touissit (CSE:CMT ) added 4.99% or 73.00 points to end at 1,535.00 and Jet Contractors (CSE:JET ) was up 3.62% or 51.00 points to 1,458.00 in late trade.

The worst performers of the session were Auto Hall (CSE:ATH ), which fell 2.72% or 1.90 points to trade at 68.00 at the close. S2M (CSE:S2M ) declined 2.30% or 4.95 points to end at 210.00 and Sanlam Maroc SA (CSE:SAH ) was down 2.29% or 44.00 points to 1,875.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 27 to 17 and 9 ended unchanged.

Shares in Jet Contractors (CSE:JET ) rose to all time highs; gaining 3.62% or 51.00 to 1,458.00.

Crude oil for December delivery was up 1.03% or 0.72 to $70.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.98% or 0.73 to hit $75.11 a barrel, while the December Gold Futures contract rose 0.14% or 3.80 to trade at $2,752.70 a troy ounce.

EUR/MAD was up 0.13% to 10.69, while USD/MAD rose 0.06% to 9.87.

The US Dollar Index Futures was down 0.05% at 103.86.

Source: Investing.com