Morocco stocks higher at close of trade; Moroccan All Shares up 1.33%

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

At the close in Casablanca, the Moroccan All Shares gained 1.33% to hit a new 5-year high.

The best performers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM ), which rose 10.00% or 52.60 points to trade at 578.80 at the close. Meanwhile, Maghreb Oxygene (CSE:MOX ) added 9.81% or 20.95 points to end at 234.50 and Attijariwafa Bank (CSE:ATW ) was up 3.33% or 18.20 points to 565.00 in late trade.

The worst performers of the session were SMI (CSE:SMI ), which fell 4.31% or 99.00 points to trade at 2,200.00 at the close. S2M (CSE:S2M ) declined 3.69% or 8.45 points to end at 220.55 and IB Maroc Com SA (CSE:IBC ) was down 2.44% or 0.85 points to 34.05.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 37 to 17 and 4 ended unchanged.

Shares in Attijariwafa Bank (CSE:ATW ) rose to all time highs; gaining 3.33% or 18.20 to 565.00.

Crude oil for December delivery was down 1.00% or 0.72 to $70.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.89% or 0.67 to hit $74.25 a barrel, while the December Gold Futures contract rose 1.01% or 27.00 to trade at $2,703.30 a troy ounce.

EUR/MAD was up 0.55% to 10.64, while USD/MAD unchanged 0.04% to 9.89.

The US Dollar Index Futures was down 0.77% at 104.18.

Source: Investing.com

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