Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper, Holding Companies and Insurance sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.21%.
The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.54% or 1.91 points to trade at 21.94 at the close. Timar (CS:TIM) added 5.45% or 17.00 points to end at 329.10 and S2M (CS:S2M) was up 3.34% or 6.75 points to 208.80 in late trade.
Biggest losers included Managem (CS:MNG), which lost 3.66% or 28 points to trade at 723 in late trade. IB Maroc Com SA (CS:IBC) declined 2.99% or 3.35 points to end at 108.65 and Brasseries Du Maroc (CS:SBM) shed 2.07% or 35 points to 1655.
Advancing stocks outnumbered falling ones by 20 to 10 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for October delivery was down 2.82% or 1.26 to $43.44 a barrel. Meanwhile, Brent oil for delivery in November fell 2.69% or 1.26 to hit $45.63 a barrel, while the December Gold contract rose 0.45% or 5.95 to trade at $1317.35 a troy ounce.
EUR/MAD was up 0.16% to 10.9020, while USD/MAD fell 0.25% to 9.7330.
The US Dollar Index was down 0.40% at 95.63.