Morocco shares higher at close of trade; Moroccan All Shares up 0.62%

Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Invest Companies&Other Finance, Pharmaceutical Industry and Construction&Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.62% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR), which rose 7.88% or 4.72 points to trade at 64.60 at the close. Jet Contractors (CSE:JET) added 6.52% or 56.90 points to end at 930.00 and Societe d’Exploitation des Ports SA (CSE:MSA) was up 5.63% or 22.80 points to 427.80 in late trade.

Biggest losers included Cartier Saada (CSE:CRS), which lost 3.68% or 1.39 points to trade at 36.40 in late trade. S2M (CSE:S2M) declined 2.94% or 7.00 points to end at 231.00 and Stokvis Nord Afrique (CSE:SNA) shed 2.63% or 0.42 points to 15.58.

Declining stocks outnumbered rising ones by 31 to 20 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.31% or 1.61 to $68.08 a barrel. Meanwhile, Brent oil for delivery in December fell 2.09% or 1.52 to hit $71.38 a barrel, while the December Gold Futures contract rose 0.17% or 4.60 to trade at $2,689.30 a troy ounce.

EUR/MAD was down 0.14% to 10.79, while USD/MAD fell 0.06% to 9.67.

The US Dollar Index Futures was down 0.27% at 100.36.