Morocco shares higher at close of trade; Moroccan All Shares up 0.93%

Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Insurance, Hotels, Restaurants&Leisure and Software&Computer Services sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.93%.

The biggest gainers of the session on the Moroccan All Shares were Wafa Assurance (CSE:WAA), which rose 6.49% or 273.00 points to trade at 4,479.00 at the close. Jet Contractors (CSE:JET) added 6.00% or 60.00 points to end at 1,060.00 and Residences Dar Saada SA (CSE:RDS) was up 4.65% or 3.51 points to 79.00 in late trade.

Biggest losers included S2M (CSE:S2M), which lost 9.98% or 23.25 points to trade at 209.75 in late trade. Fenie Brossette (CSE:FBR) declined 4.50% or 4.95 points to end at 105.00 and Realis. Mecaniques (CSE:SRM) shed 2.98% or 14.00 points to 456.00.

Advancing stocks outnumbered falling ones by 32 to 14 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 4.45% or 3.12 to $73.22 a barrel. Meanwhile, Brent oil for delivery in December rose 4.09% or 3.02 to hit $76.92 a barrel, while the December Gold Futures contract rose 0.10% or 2.80 to trade at $2,672.50 a troy ounce.

EUR/MAD was down 0.07% to 10.79, while USD/MAD rose 0.17% to 9.77.

The US Dollar Index Futures was up 0.32% at 101.75.