Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Real Estate, Construction & Building Materials and Insurance sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares fell 1.67% to hit a new 3-month low.
The biggest gainers of the session on the Moroccan All Shares were Maghreb Oxygene (CS:OXYG), which rose 4.05% or 4.90 points to trade at 125.90 at the close. Promopharm S.A. (CS:PRO) added 3.11% or 45 points to end at 1490 and Med Paper (CS:PAP) was up 3.07% or 0.89 points to 29.90 in late trade.
Biggest losers included Cartier Saada (CS:CRS), which lost 7.04% or 1.65 points to trade at 21.80 in late trade. LafargeHolcim Maroc (CS:LHM) declined 6.05% or 139 points to end at 2160 and Wafa Assurance (CS:WASS) shed 5.94% or 278 points to 4403.
Declining stocks outnumbered rising ones by 31 to 9 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was up 1.31% or 0.65 to $50.16 a barrel. Meanwhile, Brent oil for delivery in June rose 0.76% or 0.40 to hit $52.94 a barrel, while the April Gold Futures contract fell 0.60% or 7.55 to trade at $1246.15 a troy ounce.
EUR/MAD was down 0.16% to 10.7440, while USD/MAD rose 0.24% to 10.0200.
The US Dollar Index Futures was up 0.42% at 100.20.