Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Electrical & Electronic equipment, Real Estate and Hotels, Restaurants & Leisure sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.71% to hit a new 3-year high.
The biggest gainers of the session on the Moroccan All Shares were Nexans Maroc (CS:NEX), which rose 5.97% or 8.25 points to trade at 146.45 at the close. Ennakl Automobiles SA (CS:NKL) added 5.75% or 2.99 points to end at 54.99 and Douja Prom Addoha (CS:ADH) was up 5.61% or 2.15 points to 40.50 in late trade.
Biggest losers included Sonasid (CS:SOND), which lost 3.34% or 14 points to trade at 405 in late trade. Hps (CS:HPS) declined 2.55% or 18.90 points to end at 723.10 and Bmce Bank (CS:BMCE) shed 2.22% or 5.00 points to 220.00.
Advancing stocks outnumbered falling ones by 23 to 13 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for January delivery was down 0.69% or 0.35 to $50.69 a barrel. Meanwhile, Brent oil for delivery in February fell 0.35% or 0.19 to hit $53.71 a barrel, while the February Gold contract fell 3.18% or 36.95 to trade at $1126.75 a troy ounce.
EUR/MAD was down 0.77% to 10.5870, while USD/MAD rose 0.64% to 10.1935.
The US Dollar Index was up 1.35% at 103.41.