Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Chemicals, Hotels, Restaurants & Leisure and Construction & Building Materials sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.48% to hit a new 3-year high.
The biggest gainers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.97% or 10.00 points to trade at 110.30 at the close. Disway SA (CS:DWY) added 8.07% or 25.00 points to end at 334.85 and CDM (CS:CDM) was up 6.67% or 30 points to 480 in late trade.
Biggest losers included S2M (CS:S2M), which lost 3.01% or 6.00 points to trade at 193.20 in late trade. Med Paper (CS:PAP) declined 2.17% or 0.40 points to end at 18.05 and Stokvis Nord Afrique (CS:SNA) shed 2.15% or 0.45 points to 20.44.
Advancing stocks outnumbered falling ones by 23 to 18 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for December delivery was up 1.01% or 0.46 to $46.03 a barrel. Meanwhile, Brent oil for delivery in January rose 0.86% or 0.40 to hit $47.03 a barrel, while the December Gold contract rose 0.24% or 2.95 to trade at $1226.85 a troy ounce.
EUR/MAD was down 0.15% to 10.6950, while USD/MAD rose 0.15% to 10.0330.
The US Dollar Index was up 0.26% at 100.64.