Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Food Producers & Processors, Holding Companies and Invest Companies & Other Finance sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.31%.
The biggest gainers of the session on the Moroccan All Shares were Cosumar (CS:CSMR), which rose 5.13% or 20 points to trade at 410 at the close. Timar (CS:TIM) added 4.86% or 10.50 points to end at 226.50 and Cartier Saada (CS:CRS) was up 3.61% or 0.83 points to 23.82 in late trade.
Biggest losers included M2M Group (CS:M2M), which lost 2.65% or 7.95 points to trade at 292.05 in late trade. Stroc Industrie (CS:STR) declined 2.31% or 1.02 points to end at 43.10 and Med Paper (CS:PAP) shed 2.11% or 0.65 points to 30.15.
Declining stocks outnumbered rising ones by 17 to 17 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for July delivery was up 0.42% or 0.19 to $45.91 a barrel. Meanwhile, Brent oil for delivery in August rose 0.17% or 0.08 to hit $48.14 a barrel, while the August Gold Futures contract fell 1.11% or 14.31 to trade at $1278.89 a troy ounce.
EUR/MAD was down 0.18% to 10.9350, while USD/MAD rose 0.29% to 9.7557.
The US Dollar Index Futures was up 0.36% at 97.02.