Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Chemicals, Real Estate and Food Producers & Processors sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 3.04% to hit a new 5-year high.
The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 10.00% or 11 points to trade at 116 at the close. Snep (CS:SNP) added 9.99% or 18.65 points to end at 205.25 and Douja Prom Addoha (CS:ADH) was up 9.98% or 4.49 points to 49.49 in late trade.
Biggest losers included Timar (CS:TIM), which lost 5.99% or 18.75 points to trade at 294.25 in late trade. Dari Couspate SA (CS:DRI) declined 5.93% or 175 points to end at 2775 and Aluminum mar 1l (CS:ALU) shed 5.19% or 62 points to 1132.
Advancing stocks outnumbered falling ones by 42 to 8 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was down 0.21% or 0.11 to $53.15 a barrel. Meanwhile, Brent oil for delivery in March fell 0.14% or 0.08 to hit $56.38 a barrel, while the February Gold contract rose 1.51% or 17.55 to trade at $1182.85 a troy ounce.
EUR/MAD was up 0.38% to 10.6940, while USD/MAD fell 0.56% to 10.0947.
The US Dollar Index was down 0.97% at 101.50.