Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Forestry & Paper, Insurance and Holding Companies sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.95% to hit a new 1-month low.
The biggest gainers of the session on the Moroccan All Shares were Atlanta (CS:ATL), which rose 4.31% or 2.94 points to trade at 71.00 at the close. Residences Dar Saada SA (CS:RDS) added 2.77% or 5.00 points to end at 185.00 and Snep (CS:SNP) was up 2.66% or 3.85 points to 148.05 in late trade.
Biggest losers included Ib Maroc.Com (CS:IBMC), which lost 4.29% or 5.20 points to trade at 116.00 in late trade. Wafa Assurance (CS:WASS) declined 4.04% or 170 points to end at 4030 and Ennakl (CS:NAKL) shed 4.04% or 1.70 points to 40.30.
Declining stocks outnumbered rising ones by 30 to 11 and 2 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was up 3.13% or 1.54 to $50.75 a barrel. Meanwhile, Brent oil for delivery in May rose 4.13% or 2.33 to hit $58.81 a barrel, while the April Gold contract rose 0.67% or 8.00 to trade at $1205.00 a troy ounce.
EUR/MAD was up 0.12% to 10.7560, while USD/MAD rose 0.62% to 9.8546.
The US Dollar Index was up 0.31% at 97.39.