Investing.com – Morocco equities were higher at the close on Friday, as gains in the Mining, Chemicals and Telecoms sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.52%.
The biggest gainers of the session on the Moroccan All Shares were Managem (CS:MNG), which rose 10.00% or 80 points to trade at 874 at the close. SMI (CS:SMI) added 2.77% or 66 points to end at 2448 and Alliances (CS:ADI) was up 2.61% or 2 points to 69 in late trade.
Biggest losers included Promopharm S.A. (CS:PRO), which lost 5.84% or 78 points to trade at 1257 in late trade. Nexans Maroc (CS:NEX) declined 4.48% or 6.50 points to end at 138.50 and Stokvis Nord Afrique (CS:SNA) shed 4.29% or 1.09 points to 24.31.
Advancing stocks outnumbered falling ones by 24 to 13 and 10 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was down 2.36% or 0.98 to $40.52 a barrel. Meanwhile, Brent oil for delivery in June fell 1.53% or 0.67 to hit $43.17 a barrel, while the June Gold contract rose 0.79% or 9.70 to trade at $1236.20 a troy ounce.
EUR/MAD was down 0.04% to 10.9200, while USD/MAD fell 0.30% to 9.6694.
The US Dollar Index was down 0.46% at 94.50.