Investing.com – Morocco equities were higher at the close on Friday, as gains in the Oil & Gas, Distributors and Mining sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.35%.
The biggest gainers of the session on the Moroccan All Shares were Managem (CS:MNG), which rose 5.99% or 43 points to trade at 762 at the close. Afriquia Gaz (CS:AGAZ1) added 5.96% or 120 points to end at 2133 and Auto Hall (CS:AUTO) was up 5.74% or 5.70 points to 104.90 in late trade.
Biggest losers included Wafa Assurance (CS:WASS), which lost 2.93% or 106 points to trade at 3500 in late trade. Colorado (CS:COL) declined 2.07% or 1.10 points to end at 52.00 and Disway SA (CS:DWY) shed 2.04% or 5.50 points to 263.00.
Advancing stocks outnumbered falling ones by 30 to 9 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was down 4.59% or 2.30 to $47.81 a barrel. Meanwhile, Brent oil for delivery in August fell 4.62% or 2.35 to hit $48.56 a barrel, while the August Gold contract rose 4.50% or 56.85 to trade at $1319.95 a troy ounce.
EUR/MAD was down 0.73% to 10.8920, while USD/MAD rose 1.46% to 9.7745.
The US Dollar Index was up 2.12% at 95.31.