Investing.com – Morocco equities were higher at the close on Friday, as gains in the Forestry & Paper, Beverage and Banking sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.02% to hit a new 1-month high.
The biggest gainers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS:SBM), which rose 5.82% or 99 points to trade at 1799 at the close. Centrale Danone (CS:CDA) added 5.08% or 28 points to end at 573 and Med Paper (CS:PAP) was up 5.07% or 0.95 points to 19.70 in late trade.
Biggest losers included Maghreb Oxygene (CS:OXYG), which lost 5.10% or 4.90 points to trade at 91.10 in late trade. Miniere Touissit (CS:CMT) declined 3.86% or 42 points to end at 1046 and Timar (CS:TIM) shed 3.04% or 9.40 points to 300.00.
Advancing stocks outnumbered falling ones by 20 to 19 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for October delivery was down 2.94% or 1.40 to $46.22 a barrel. Meanwhile, Brent oil for delivery in November fell 3.18% or 1.59 to hit $48.40 a barrel, while the December Gold contract fell 0.41% or 5.55 to trade at $1336.05 a troy ounce.
EUR/MAD was down 0.16% to 10.9060, while USD/MAD fell 0.06% to 9.6950.
The US Dollar Index was up 0.39% at 95.41.