Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper, Chemicals and Food Producers & Processors sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.88%.
The biggest gainers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.99% or 34.95 points to trade at 384.95 at the close. Med Paper (CS:PAP) added 9.98% or 2.52 points to end at 27.77 and Zellidja S.A (CS:ZELI) was up 5.96% or 6.35 points to 112.85 in late trade.
Biggest losers included Risma (CS:RIS), which lost 4.34% or 4.95 points to trade at 109.05 in late trade. Wafa Assurance (CS:WASS) declined 4.28% or 197 points to end at 4402 and Lydec (CS:LYD) shed 3.98% or 22.40 points to 540.20.
Advancing stocks outnumbered falling ones by 25 to 16 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for June delivery was down 1.47% or 0.73 to $48.89 a barrel. Meanwhile, Brent oil for delivery in July fell 1.41% or 0.74 to hit $51.67 a barrel, while the June Gold Futures contract rose 0.25% or 3.15 to trade at $1267.35 a troy ounce.
EUR/MAD was down 0.12% to 10.8050, while USD/MAD rose 0.14% to 9.9345.
The US Dollar Index Futures was up 0.13% at 98.98.