Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Holding Companies, Banking and Distributors sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.27% to hit a new 1-month high.
The biggest gainers of the session on the Moroccan All Shares were Micro Data SA (CS:MIC), which rose 6.83% or 8.50 points to trade at 133.00 at the close. CIH (CS:CIH) added 2.94% or 8.00 points to end at 280.00 and Delta Holding S.A (CS:DHO) was up 2.20% or 0.43 points to 19.97 in late trade.
Biggest losers included Timar (CS:TIM), which lost 5.99% or 19.70 points to trade at 309.40 in late trade. M2M Group (CS:M2M) declined 5.57% or 17.00 points to end at 288.00 and Ciments Du Maroc (CS:SCM) shed 3.08% or 38 points to 1197.
Declining stocks outnumbered rising ones by 16 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for October delivery was up 4.04% or 1.84 to $47.34 a barrel. Meanwhile, Brent oil for delivery in November rose 3.79% or 1.82 to hit $49.80 a barrel, while the December Gold contract fell 0.67% or 9.05 to trade at $1340.15 a troy ounce.
EUR/MAD was up 0.06% to 10.9220, while USD/MAD fell 0.08% to 9.7040.
The US Dollar Index was up 0.19% at 95.13.