Investing.com – Morocco equities were higher at the close on Friday, as gains in the Forestry & Paper, Hotels, Restaurants & Leisure and Construction & Building Materials sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.74%.
The biggest gainers of the session on the Moroccan All Shares were SMI (CS:SMI), which rose 5.09% or 140 points to trade at 2890 at the close. Med Paper (CS:PAP) added 3.73% or 1.02 points to end at 28.33 and AFMA SA (CS:AFM) was up 3.23% or 27 points to 859 in late trade.
Biggest losers included Timar (CS:TIM), which lost 6.00% or 13.70 points to trade at 214.80 in late trade. Disway SA (CS:DWY) declined 4.84% or 17.90 points to end at 352.10 and Taslif (CS:TSF1) shed 4.00% or 1.04 points to 24.98.
Declining stocks outnumbered rising ones by 21 to 21 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for March delivery was up 0.43% or 0.23 to $53.77 a barrel. Meanwhile, Brent oil for delivery in April rose 0.50% or 0.28 to hit $56.84 a barrel, while the April Gold Futures contract rose 0.24% or 2.95 to trade at $1222.35 a troy ounce.
EUR/MAD was up 0.29% to 10.7720, while USD/MAD rose 0.00% to 9.9848.
The US Dollar Index Futures was down 0.26% at 99.57.