Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Electrical & Electronic equipment, Chemicals and Telecoms sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.79%.
The biggest gainers of the session on the Moroccan All Shares were Jet Contractors (CS:JET), which rose 5.69% or 10.35 points to trade at 192.00 at the close. Nexans Maroc (CS:NEX) added 5.03% or 6.90 points to end at 143.90 and Holcim Maroc SA (CS:HOL) was up 4.50% or 100 points to 2320 in late trade.
Biggest losers included CGI (CS:CGI), which lost 9.99% or 47 points to trade at 423 in late trade. Med Paper (CS:PAP) declined 8.76% or 1.73 points to end at 18.00 and Sonasid (CS:SOND) shed 3.98% or 27 points to 651.
Advancing stocks outnumbered falling ones by 19 to 12 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for October delivery was up 8.50% or 3.28 to $41.88 a barrel. Meanwhile, Brent oil for delivery in October rose 7.64% or 3.29 to hit $46.44 a barrel, while the December Gold contract fell 0.12% or 1.30 to trade at $1123.30 a troy ounce.
EUR/MAD was down 0.22% to 10.8970, while USD/MAD rose 0.38% to 9.6967.
The US Dollar Index was up 0.56% at 95.84.