Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Insurance, Oil & Gas and Invest Companies & Other Finance sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.04%.
The best performers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 9.59% or 33.00 points to trade at 377.00 at the close. Meanwhile, Wafa Assurance (CS:WASS) added 6.52% or 251 points to end at 4101 and Eqdom (CS:EQDM) was up 6.00% or 56 points to 982 in late trade.
The worst performers of the session were Delattre Levivier Maroc (CS:DLM), which fell 5.48% or 10.90 points to trade at 188.10 at the close. Risma (CS:RIS) declined 2.50% or 3.00 points to end at 117.00 and Atlanta (CS:ATL) was down 2.19% or 1.06 points to 47.24.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 24 to 19 and 7 ended unchanged.
Shares in M2M Group (CS:M2M) rose to 5-year highs; rising 9.59% or 33.00 to 377.00. Shares in Wafa Assurance (CS:WASS) rose to 52-week highs; up 6.52% or 251 to 4101.
Crude oil for January delivery was up 0.57% or 0.29 to $51.35 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.37% or 0.20 to hit $54.14 a barrel, while the February Gold contract rose 0.74% or 8.65 to trade at $1178.05 a troy ounce.
EUR/MAD was down 0.20% to 10.6950, while USD/MAD fell 0.27% to 10.0251.
The US Dollar Index was down 0.18% at 100.84.