Investing.com – Morocco equities were higher at the close on Friday, as gains in the Chemicals, Forestry & Paper and Food Producers & Processors 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 IB Maroc Com SA (CS:IBC), which rose 5.96% or 6.50 points to trade at 115.45 at the close. Snep (CS:SNP) added 5.70% or 4.71 points to end at 87.25 and Holcim Maroc SA (CS:HOL) was up 5.22% or 114 points to 2294 in late trade.
Biggest losers included Centrale Danone (CS:CDA), which lost 5.99% or 47 points to trade at 734 in late trade. Ennakl Automobiles SA (CS:NKL) declined 5.95% or 3.23 points to end at 51.00 and Stokvis Nord Afrique (CS:SNA) shed 5.57% or 1.40 points to 23.71.
Advancing stocks outnumbered falling ones by 16 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.37% or 0.17 to $45.85 a barrel. Meanwhile, Brent oil for delivery in September rose 0.46% or 0.22 to hit $47.59 a barrel, while the August Gold contract fell 0.15% or 1.95 to trade at $1330.25 a troy ounce.
EUR/MAD was down 0.33% to 10.8550, while USD/MAD rose 0.44% to 9.8232.
The US Dollar Index was up 0.57% at 96.65.