Morocco shares higher at close of trade; Moroccan All Shares up 0.10%

Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Forestry&Paper, Transport and Holding Companies sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.10%.

The biggest gainers of the session on the Moroccan All Shares were S2M (CSE:S2M), which rose 9.98% or 21.40 points to trade at 235.85 at the close. Med Paper (CSE:MDP) added 9.96% or 2.41 points to end at 26.60 and Involys (CSE:INV) was up 9.95% or 9.41 points to 104.00 in late trade.

Biggest losers included Rebab Company (CSE:REB), which lost 5.99% or 4.19 points to trade at 65.71 in late trade. Maghreb Oxygene (CSE:MOX) declined 4.91% or 11.00 points to end at 213.00 and Ste Nationale de Siderurgie SA (CSE:SID) shed 3.17% or 27.70 points to 846.20.

Advancing stocks outnumbered falling ones by 38 to 16 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.33% or 0.96 to $72.89 a barrel. Meanwhile, Brent oil for delivery in October rose 1.31% or 1.00 to hit $77.05 a barrel, while the December Gold Futures contract fell 1.28% or 32.50 to trade at $2,515.00 a troy ounce.

EUR/MAD was down 0.10% to 10.77, while USD/MAD fell 0.13% to 9.67.

The US Dollar Index Futures was up 0.49% at 101.41.