Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Forestry & Paper, Holding Companies and Insurance sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares lost 0.10%.
The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 9.99% or 12 points to trade at 128 at the close. Snep (CS:SNP) added 9.98% or 24.95 points to end at 274.95 and Fenie Brossette (CS:FBR) was up 9.96% or 9.46 points to 104.45 in late trade.
Biggest losers included Delattre Levivier Maroc (CS:DLM), which lost 4.50% or 8.95 points to trade at 190.00 in late trade. Med Paper (CS:PAP) declined 4.49% or 1.45 points to end at 30.85 and Wafa Assurance (CS:WASS) shed 4.00% or 200 points to 4800.
Advancing stocks outnumbered falling ones by 31 to 19 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was up 1.68% or 0.88 to $53.13 a barrel. Meanwhile, Brent oil for delivery in March rose 1.94% or 1.07 to hit $56.17 a barrel, while the February Gold contract rose 0.37% or 4.45 to trade at $1201.05 a troy ounce.
EUR/MAD was up 0.18% to 10.7090, while USD/MAD fell 0.42% to 10.0544.
The US Dollar Index was down 0.68% at 101.01.