Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Beverage, Oil & Gas and Software & Computer Services sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.85% to hit a new 3-months high.
The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 9.76% or 7 points to trade at 81 at the close. Meanwhile, Maghrebail (CS:MAB) added 5.97% or 49 points to end at 870 and Afriquia Gaz (CS:AGAZ1) was up 5.26% or 120 points to 2400 in late trade.
The worst performers of the session were Nexans Maroc (CS:NEX), which fell 4.60% or 6.90 points to trade at 143.00 at the close. Residences Dar Saada SA (CS:RDS) declined 2.86% or 4.95 points to end at 168.00 and Auto Hall (CS:AUTO) was down 2.65% or 3.00 points to 110.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 21 and 9 ended unchanged.
Shares in Alliances (CS:ADI) rose to 52-week highs; up 9.76% or 7 to 81. Shares in Maghrebail (CS:MAB) rose to 3-years highs; up 5.97% or 49 to 870.
Crude oil for November delivery was down 1.55% or 0.78 to $49.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.79% or 0.94 to hit $51.57 a barrel, while the December Gold contract rose 0.04% or 0.55 to trade at $1253.55 a troy ounce.
EUR/MAD was up 0.06% to 10.8900, while USD/MAD fell 0.09% to 9.7505.
The US Dollar Index was up 0.06% at 96.72.