Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Hotels, Restaurants & Leisure, Beverage and Banking sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.72% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were M2M Group (CSE:M2M), which rose 8.55% or 47.00 points to trade at 597.00 at the close. Meanwhile, Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) added 5.36% or 30.00 points to end at 590.00 and Risma (CSE:RIS) was up 3.97% or 8.25 points to 216.25 in late trade.
The worst performers of the session were Cartier Saada (CSE:CRS), which fell 7.99% or 2.72 points to trade at 31.33 at the close. IB Maroc Com SA (CSE:IBC) declined 6.88% or 2.40 points to end at 32.50 and Realis. Mecaniques (CSE:SRM) was down 5.02% or 23.00 points to 435.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 30 to 23 and 4 ended unchanged.
Crude oil for December delivery was up 1.16% or 0.80 to $70.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.10% or 0.80 to hit $73.61 a barrel, while the December Gold Futures contract rose 0.29% or 8.05 to trade at $2,757.35 a troy ounce.
EUR/MAD was down 0.12% to 10.68, while USD/MAD fell 0.18% to 9.83.
The US Dollar Index Futures was up 0.13% at 104.02.