Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Software & Computer Services, Construction & Building Materials and Telecoms sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.18% to hit a new 52-week high.
The biggest gainers of the session on the Moroccan All Shares were Hps (CS:HPS), which rose 6.36% or 35.00 points to trade at 585.00 at the close. Realis. Mecaniques (CS:SRM) added 3.31% or 8.00 points to end at 250.00 and Sonasid (CS:SOND) was up 2.94% or 9 points to 300 in late trade.
Biggest losers included Timar (CS:TIM), which lost 5.98% or 15.55 points to trade at 244.45 in late trade. Involys (CS:INV) declined 4.53% or 4.70 points to end at 99.00 and Stroc Industrie (CS:STR) shed 4.17% or 1.96 points to 45.00.
Declining stocks outnumbered rising ones by 23 to 14 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for December delivery was down 1.87% or 0.97 to $50.85 a barrel. Meanwhile, Brent oil for delivery in December fell 2.11% or 1.11 to hit $51.56 a barrel, while the December Gold contract fell 0.23% or 2.95 to trade at $1266.95 a troy ounce.
EUR/MAD was down 0.25% to 10.8040, while USD/MAD rose 0.01% to 9.8710.
The US Dollar Index was up 0.32% at 98.18.