Investing.com – Morocco equities were higher at the close on Friday, as gains in the Utilities, Hotels, Restaurants & Leisure and Banking sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.72%.
The biggest gainers of the session on the Moroccan All Shares were Auto Nejma (CS:NEJ1), which rose 5.56% or 100 points to trade at 1900 at the close. Wafa Assurance (CS:WASS) added 4.49% or 200 points to end at 4650 and Lydec (CS:LYD) was up 3.85% or 20.00 points to 540.00 in late trade.
Biggest losers included IB Maroc Com SA (CS:IBC), which lost 6.00% or 6.00 points to trade at 94.00 in late trade. M2M Group (CS:M2M) declined 5.98% or 19.75 points to end at 310.25 and Saham Assurance (CS:SAH) shed 5.33% or 65 points to 1155.
Declining stocks outnumbered rising ones by 27 to 27 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was down 0.15% or 0.08 to $53.69 a barrel. Meanwhile, Brent oil for delivery in March fell 0.25% or 0.14 to hit $56.71 a barrel, while the February Gold contract fell 0.08% or 0.95 to trade at $1157.15 a troy ounce.
EUR/MAD was up 0.23% to 10.6770, while USD/MAD fell 0.18% to 10.1165.
The US Dollar Index was down 0.49% at 102.16.