Morocco stocks higher at close of trade; Moroccan All Shares up 0.89%

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

At the close in Casablanca, the Moroccan All Shares rose 0.89%.

The best performers of the session on the Moroccan All Shares were Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR ), which rose 5.64% or 2.48 points to trade at 46.47 at the close. Meanwhile, Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP ) added 4.28% or 23.00 points to end at 560.00 and Alliances (CSE:ADI ) was up 4.04% or 17.10 points to 440.00 in late trade.

The worst performers of the session were Societe des Boissons du Maroc SA (CSE:SBM ), which fell 6.13% or 147.00 points to trade at 2,250.00 at the close. Wafa Assurance (CSE:WAA ) declined 3.63% or 164.00 points to end at 4,351.00 and Label Vie (CSE:LBV ) was down 3.15% or 135.00 points to 4,152.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 20 and 12 ended unchanged.

Shares in Alliances (CSE:ADI ) rose to 5-year highs; up 4.04% or 17.10 to 440.00.

Crude oil for January delivery was up 0.42% or 0.29 to $68.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.43% or 0.31 to hit $72.62 a barrel, while the February Gold Futures contract fell 0.60% or 15.96 to trade at $2,660.24 a troy ounce.

EUR/MAD was down 0.13% to 10.47, while USD/MAD fell 0.08% to 9.94.

The US Dollar Index Futures was down 0.42% at 105.84.

Source: Investing.com