Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Insurance, Forestry & Paper and Banking sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.22%.
The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS:SAH), which rose 3.92% or 60 points to trade at 1590 at the close. Wafa Assurance (CS:WASS) added 3.70% or 182 points to end at 5097 and Auto Hall (CS:AUTO) was up 2.57% or 2.40 points to 95.90 in late trade.
Biggest losers included Sothema (CS:SOT), which lost 5.91% or 89 points to trade at 1416 in late trade. BMCI (CS:BMCI) declined 2.30% or 20 points to end at 850 and Sonasid (CS:SOND) shed 2.01% or 14 points to 706.
Declining stocks outnumbered rising ones by 18 to 17 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for January delivery was up 0.25% or 0.14 to $56.74 a barrel. Meanwhile, Brent oil for delivery in February rose 0.58% or 0.36 to hit $62.80 a barrel, while the February Gold Futures contract rose 0.46% or 5.70 to trade at $1254.30 a troy ounce.
EUR/MAD was down 0.15% to 11.1430, while USD/MAD rose 0.23% to 9.4574.
The US Dollar Index Futures was up 0.33% at 93.71.