Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Forestry & Paper, Banking and Holding Companies sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.41%.
The biggest gainers of the session on the Moroccan All Shares were CIH (CS:CIH), which rose 8.20% or 23.80 points to trade at 314.00 at the close. M2M Group (CS:M2M) added 6.32% or 25.40 points to end at 427.40 and Marsa Maroc SA (CS:MSA) was up 3.00% or 4.95 points to 170.00 in late trade.
Biggest losers included CDM (CS:CDM), which lost 5.94% or 35 points to trade at 554 in late trade. Centrale Danone (CS:CDA) declined 5.52% or 39 points to end at 667 and Maghrebail (CS:MAB) shed 5.44% or 53 points to 922.
Declining stocks outnumbered rising ones by 21 to 20 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for March delivery was down 0.08% or 0.05 to $60.55 a barrel. Meanwhile, Brent oil for delivery in April fell 0.81% or 0.52 to hit $63.84 a barrel, while the April Gold Futures contract fell 0.32% or 4.40 to trade at $1353.60 a troy ounce.
EUR/MAD was up 0.11% to 11.3960, while USD/MAD fell 0.21% to 9.1244.
The US Dollar Index Futures was down 0.25% at 88.69.