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Morocco shares higher at close of trade; Moroccan All Shares up 0.24%

Published 2018-11-30, 12:05 p/m
© Reuters.  Morocco shares higher at close of trade; Moroccan All Shares up 0.24%
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Investing.com – Morocco equities were higher at the close on Friday, as gains in the Chemicals, Real Estate and Invest Companies & Other Finance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.24% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS:NKL), which rose 6.70% or 2.35 points to trade at 37.40 at the close. Salafin (CS:SLF) added 6.12% or 57 points to end at 988 and SMI (CS:SMI) was up 5.93% or 80 points to 1430 in late trade.

Biggest losers included Colorado (CS:COL), which lost 8.48% or 5.67 points to trade at 61.23 in late trade. Stroc Industrie (CS:STR) declined 8.41% or 2.25 points to end at 24.50 and Auto Hall (CS:AUTO) shed 7.09% or 5.95 points to 78.00.

Advancing stocks outnumbered falling ones by 22 to 17 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 0.21% or 0.11 to $51.34 a barrel. Meanwhile, Brent oil for delivery in February fell 0.40% or 0.24 to hit $59.67 a barrel, while the February Gold Futures contract fell 0.30% or 3.70 to trade at $1226.70 a troy ounce.

EUR/MAD was down 0.24% to 10.7810, while USD/MAD rose 0.42% to 9.5233.

The US Dollar Index Futures was up 0.40% at 97.083.

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