Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper, Oil & Gas and Banking sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.42%.
The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS:STR), which rose 9.15% or 2.43 points to trade at 28.99 at the close. Total Maroc SA (CS:TMA) added 5.97% or 65.0 points to end at 1153.0 and CIH (CS:CIH) was up 5.14% or 15.10 points to 309.00 in late trade.
Biggest losers included Realis. Mecaniques (CS:SRM), which lost 5.73% or 16.00 points to trade at 263.00 in late trade. Sothema (CS:SOT) declined 5.68% or 100 points to end at 1660 and Involys (CS:INV) shed 5.02% or 6.40 points to 121.00.
Declining stocks outnumbered rising ones by 18 to 18 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for September delivery was up 0.61% or 0.42 to $69.72 a barrel. Meanwhile, Brent oil for delivery in September rose 0.62% or 0.46 to hit $74.39 a barrel, while the August Gold Futures contract fell 0.50% or 6.20 to trade at $1225.60 a troy ounce.
EUR/MAD was down 0.23% to 11.0370, while USD/MAD rose 0.27% to 9.4657.
The US Dollar Index Futures was up 0.51% at 94.46.