Morocco shares higher at close of trade; Moroccan All Shares up 1.33%

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

At the close in Casablanca, the Moroccan All Shares rose 1.33% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM), which rose 10.00% or 52.60 points to trade at 578.80 at the close. Maghreb Oxygene (CSE:MOX) added 9.81% or 20.95 points to end at 234.50 and Attijariwafa Bank (CSE:ATW) was up 3.33% or 18.20 points to 565.00 in late trade.

Biggest losers included SMI (CSE:SMI), which lost 4.31% or 99.00 points to trade at 2,200.00 in late trade. S2M (CSE:S2M) declined 3.69% or 8.45 points to end at 220.55 and IB Maroc Com SA (CSE:IBC) shed 2.44% or 0.85 points to 34.05.

Advancing stocks outnumbered falling ones by 37 to 17 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 1.02% or 0.73 to $70.96 a barrel. Meanwhile, Brent oil for delivery in January fell 0.89% or 0.67 to hit $74.25 a barrel, while the December Gold Futures contract rose 1.00% or 26.65 to trade at $2,702.95 a troy ounce.

EUR/MAD was up 0.55% to 10.64, while USD/MAD unchanged 0.04% to 9.89.

The US Dollar Index Futures was down 0.77% at 104.17.