Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Distributors, Real Estate and Telecoms sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.13%.
The biggest gainers of the session on the Moroccan All Shares were Maroc Leasing (CS:MLE), which rose 6.00% or 26.05 points to trade at 460.55 at the close. Maghrebail (CS:MAB) added 4.64% or 43 points to end at 970 and Label Vie (CS:LBV) was up 2.37% or 45 points to 1945 in late trade.
Biggest losers included M2M Group (CS:M2M), which lost 4.87% or 24.00 points to trade at 469.00 in late trade. IB Maroc Com SA (CS:IBC) declined 3.75% or 3.90 points to end at 100.00 and Ciments Du Maroc (CS:SCM) shed 2.31% or 40 points to 1690.
Declining stocks outnumbered rising ones by 23 to 17 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for April delivery was down 0.99% or 0.61 to $61.03 a barrel. Meanwhile, Brent oil for delivery in May fell 1.16% or 0.75 to hit $63.98 a barrel, while the April Gold Futures contract fell 0.55% or 7.20 to trade at $1310.70 a troy ounce.
EUR/MAD was up 0.04% to 11.3000, while USD/MAD fell 0.12% to 9.2514.
The US Dollar Index Futures was down 0.02% at 90.59.