Morocco stocks higher at close of trade; Moroccan All Shares up 0.78%

Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Banking , Beverage and Transport sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.78% to hit a new all time high.

The best performers of the session on the Moroccan All Shares were Med Paper (CSE:MDP ), which rose 9.52% or 2.00 points to trade at 23.00 at the close. Meanwhile, Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR ) added 8.41% or 3.70 points to end at 47.70 and Hps (CSE:HPS ) was up 7.03% or 45.00 points to 685.00 in late trade.

The worst performers of the session were CTM (CSE:CTM ), which fell 6.38% or 79.00 points to trade at 1,160.00 at the close. Ste Nationale de Siderurgie SA (CSE:SID ) declined 5.61% or 67.00 points to end at 1,128.00 and Ennakl Automobiles (CSE:NKL ) was down 2.78% or 1.00 points to 35.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 36 to 20 and 3 ended unchanged.

Shares in Hps (CSE:HPS ) rose to 52-week highs; rising 7.03% or 45.00 to 685.00.

Crude oil for February delivery was up 0.67% or 0.49 to $73.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.70% or 0.53 to hit $76.69 a barrel, while the February Gold Futures contract rose 0.68% or 18.19 to trade at $2,690.59 a troy ounce.

EUR/MAD was up 0.08% to 10.37, while USD/MAD rose 0.29% to 10.07.

The US Dollar Index Futures was up 0.05% at 108.99.

Source: Investing.com