Morocco shares higher at close of trade; Moroccan All Shares up 0.82%

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

At the close in Casablanca, the Moroccan All Shares rose 0.82% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Ciments Du Maroc (CSE:CMA), which rose 8.30% or 144.00 points to trade at 1,879.00 at the close. Delta Holding S.A (CSE:DHO) added 8.25% or 4.21 points to end at 55.21 and Wafa Assurance (CSE:WAA) was up 3.53% or 150.00 points to 4,400.00 in late trade.

Biggest losers included Involys (CSE:INV), which lost 7.12% or 7.75 points to trade at 101.05 in late trade. Realis. Mecaniques (CSE:SRM) declined 4.98% or 24.90 points to end at 475.00 and IB Maroc Com SA (CSE:IBC) shed 4.68% or 1.82 points to 37.03.

Advancing stocks outnumbered falling ones by 25 to 18 and 11 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.04% or 0.72 to $69.69 a barrel. Meanwhile, Brent oil for delivery in November rose 1.00% or 0.72 to hit $72.69 a barrel, while the December Gold Futures contract rose 0.95% or 24.60 to trade at $2,605.20 a troy ounce.

EUR/MAD was up 0.34% to 10.82, while USD/MAD unchanged 0.00% to 9.78.

The US Dollar Index Futures was down 0.36% at 100.99.