Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Distributors, Beverage and Insurance sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.66%.
The biggest gainers of the session on the Moroccan All Shares were Label Vie (CSE:LBV), which rose 5.81% or 247.00 points to trade at 4,497.00 at the close. Wafa Assurance (CSE:WAA) added 5.29% or 208.00 points to end at 4,139.00 and Taqa Morocco SA (CSE:TQM) was up 4.23% or 55.00 points to 1,355.00 in late trade.
Biggest losers included IB Maroc Com SA (CSE:IBC), which lost 9.83% or 3.16 points to trade at 28.99 in late trade. Balima (CSE:BAL) declined 5.98% or 13.75 points to end at 216.25 and S2M (CSE:S2M) shed 5.06% or 8.95 points to 168.00.
Advancing stocks outnumbered falling ones by 27 to 26 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.05% or 0.04 to $83.92 a barrel. Meanwhile, Brent oil for delivery in September rose 0.08% or 0.07 to hit $87.41 a barrel, while the August Gold Futures contract fell 0.04% or 1.05 to trade at $2,368.35 a troy ounce.
EUR/MAD was down 0.17% to 10.70, while USD/MAD fell 0.38% to 9.91.
The US Dollar Index Futures was down 0.26% at 104.80.