Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper, Real Estate and Transport sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.59%.
The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 5.69% or 0.77 points to trade at 14.28 at the close. M2M Group (CS:M2M) added 4.13% or 9.30 points to end at 234.40 and CTM (CS:CTM) was up 3.39% or 16.30 points to 496.40 in late trade.
Biggest losers included Stokvis Nord Afrique (CS:SNA), which lost 5.97% or 1.57 points to trade at 24.69 in late trade. Auto Hall (CS:AUTO) declined 4.74% or 4.84 points to end at 97.16 and Managem (CS:MNG) shed 3.84% or 21 points to 525.
Declining stocks outnumbered rising ones by 19 to 12 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for April delivery was down 1.65% or 0.63 to $37.66 a barrel. Meanwhile, Brent oil for delivery in May fell 2.31% or 0.95 to hit $40.12 a barrel, while the April Gold contract rose 0.91% or 11.40 to trade at $1268.80 a troy ounce.
EUR/MAD was up 0.47% to 10.8710, while USD/MAD fell 0.83% to 9.7590.
The US Dollar Index was down 0.85% at 96.36.