Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Forestry & Paper, Mining and Real Estate sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.50%.
The best performers of the session on the Moroccan All Shares were Ciments Du Maroc (CS:SCM), which rose 5.88% or 66 points to trade at 1187 at the close. Meanwhile, SMI (CS:SMI) added 5.84% or 124 points to end at 2245 and Managem (CS:MNG) was up 4.70% or 26 points to 567 in late trade.
The worst performers of the session were Risma (CS:RIS), which fell 7.77% or 8.85 points to trade at 105.00 at the close. Aluminum du Maroc SA (CS:ALU) declined 5.95% or 72 points to end at 1138 and Maghreb Oxygene (CS:OXYG) was down 5.64% or 5.03 points to 84.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 16 to 16 and 10 ended unchanged.
Shares in SMI (CS:SMI) rose to 3-years lows; rising 5.84% or 124 to 2245.
Crude oil for March delivery was up 2.94% or 0.95 to $33.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 3.11% or 1.05 to hit $34.98 a barrel, while the February Gold contract fell 0.07% or 0.80 to trade at $1115.00 a troy ounce.
EUR/MAD was up 0.09% to 10.7890, while USD/MAD fell 0.48% to 9.8524.
The US Dollar Index was down 0.49% at 98.54.