Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Chemicals, Banking and Real Estate sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 1.55% to hit a new 5-year high.
The biggest gainers of the session on the Moroccan All Shares were Bmce Bank (CS:BMCE), which rose 8.82% or 19.85 points to trade at 244.85 at the close. Realis. Mecaniques (CS:SRM) added 5.64% or 14.95 points to end at 280.00 and M2M Group (CS:M2M) was up 5.34% or 21.90 points to 431.90 in late trade.
Biggest losers included Taslif (CS:TSF1), which lost 5.97% or 1.64 points to trade at 25.81 in late trade. Micro Data SA (CS:MIC) declined 3.96% or 12.00 points to end at 291.00 and S2M (CS:S2M) shed 3.31% or 10.90 points to 318.00.
Advancing stocks outnumbered falling ones by 31 to 17 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for March delivery was up 1.11% or 0.72 to $65.45 a barrel. Meanwhile, Brent oil for delivery in April rose 0.49% or 0.34 to hit $69.23 a barrel, while the April Gold Futures contract rose 0.21% or 2.80 to trade at $1345.90 a troy ounce.
EUR/MAD was up 0.33% to 11.3980, while USD/MAD fell 0.33% to 9.1297.
The US Dollar Index Futures was down 0.40% at 88.59.