Investing.com – Morocco equities were higher at the close on Friday, as gains in the Utilities, Holding Companies and Mining sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.62%.
The biggest gainers of the session on the Moroccan All Shares were SMI (CS:SMI), which rose 5.96% or 161 points to trade at 2861 at the close. Oulmes (CS:OULM) added 5.63% or 80 points to end at 1500 and Stokvis Nord Afrique (CS:SNA) was up 5.13% or 1.18 points to 24.18 in late trade.
Biggest losers included Jet Contractors (CS:JET), which lost 5.24% or 8.90 points to trade at 161.10 in late trade. Delattre Levivier Maroc (CS:DLM) declined 4.50% or 8.95 points to end at 190.00 and Snep (CS:SNP) shed 2.00% or 5.65 points to 276.35.
Advancing stocks outnumbered falling ones by 33 to 11 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for March delivery was down 1.82% or 0.98 to $52.80 a barrel. Meanwhile, Brent oil for delivery in March fell 2.06% or 1.16 to hit $55.08 a barrel, while the February Gold contract fell 0.28% or 3.35 to trade at $1186.45 a troy ounce.
EUR/MAD was up 0.07% to 10.7350, while USD/MAD fell 0.05% to 10.0394.
The US Dollar Index was up 0.10% at 100.62.