Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Holding Companies, Transport and Forestry & Paper sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.03% to hit a new 1-month high.
The biggest gainers of the session on the Moroccan All Shares were Maghreb Oxygene (CS:OXYG), which rose 5.26% or 5.30 points to trade at 106.00 at the close. Stokvis Nord Afrique (CS:SNA) added 4.21% or 0.99 points to end at 24.49 and Total Maroc SA (CS:TMA) was up 3.44% or 20.0 points to 600.0 in late trade.
Biggest losers included Managem (CS:MNG), which lost 4.70% or 42 points to trade at 851 in late trade. Timar (CS:TIM) declined 4.37% or 19.00 points to end at 415.00 and Snep (CS:SNP) shed 4.34% or 5.00 points to 110.00.
Advancing stocks outnumbered falling ones by 20 to 16 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.08% or 0.04 to $51.45 a barrel. Meanwhile, Brent oil for delivery in September rose 0.59% or 0.34 to hit $57.45 a barrel, while the August Gold contract fell 0.31% or 3.60 to trade at $1143.80 a troy ounce.
EUR/MAD was down 0.17% to 10.7530, while USD/MAD rose 0.30% to 9.8682.
The US Dollar Index was up 0.37% at 97.64.