Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Chemicals, Insurance and Food Producers & Processors sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.25%.
The best performers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 9.89% or 1.83 points to trade at 20.33 at the close. Meanwhile, Zellidja S.A (CS:ZELI) added 5.97% or 8.65 points to end at 153.30 and M2M Group (CS:M2M) was up 5.80% or 15.10 points to 275.00 in late trade.
The worst performers of the session were Risma (CS:RIS), which fell 6.00% or 9.30 points to trade at 145.70 at the close. Nexans Maroc (CS:NEX) declined 5.99% or 8.90 points to end at 139.55 and Managem (CS:MNG) was down 5.62% or 51 points to 850.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 24 to 18 and 2 ended unchanged.
Shares in M2M Group (CS:M2M) rose to 52-week highs; rising 5.80% or 15.10 to 275.00.
Crude oil for December delivery was down 2.11% or 0.88 to $40.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.83% or 0.38 to hit $44.81 a barrel, while the December Gold contract rose 0.06% or 0.60 to trade at $1081.60 a troy ounce.
EUR/MAD was down 0.21% to 10.7160, while USD/MAD rose 0.39% to 9.9805.
The US Dollar Index was up 0.66% at 99.22.