Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Hotels, Restaurants & Leisure, Chemicals and Forestry & Paper sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares lost 1.91% to hit a new 1-month low.
The biggest gainers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS:NKL), which rose 3.31% or 2.00 points to trade at 62.45 at the close. BMCI (CS:BMCI) added 2.50% or 15 points to end at 616 and Taqa Morocco SA (CS:TQM) was up 2.01% or 15.90 points to 805.90 in late trade.
Biggest losers included Snep (CS:SNP), which lost 9.90% or 38.10 points to trade at 346.90 in late trade. Risma (CS:RIS) declined 9.60% or 12.95 points to end at 122.00 and Alliances (CS:ADI) shed 9.50% or 17 points to 162.
Declining stocks outnumbered rising ones by 34 to 7 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for April delivery was up 1.40% or 0.75 to $54.34 a barrel. Meanwhile, Brent oil for delivery in April rose 1.16% or 0.65 to hit $56.49 a barrel, while the April Gold Futures contract rose 1.37% or 16.95 to trade at $1250.25 a troy ounce.
EUR/MAD was up 0.15% to 10.6910, while USD/MAD fell 0.19% to 10.0935.
The US Dollar Index Futures was down 0.36% at 100.95.