Morocco shares higher at close of trade; Moroccan All Shares up 0.13%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.13%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Distributors , Real Estate and Telecoms sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.13%.

The biggest gainers of the session on the Moroccan All Shares were Maroc Leasing (CS: MLE ), which rose 6.00% or 26.05 points to trade at 460.55 at the close. Maghrebail (CS: MAB ) added 4.64% or 43 points to end at 970 and Label Vie (CS: LBV ) was up 2.37% or 45 points to 1945 in late trade.

Biggest losers included M2M Group (CS: M2M ), which lost 4.87% or 24.00 points to trade at 469.00 in late trade. IB Maroc Com SA (CS: IBC ) declined 3.75% or 3.90 points to end at 100.00 and Ciments Du Maroc (CS: SCM ) shed 2.31% or 40 points to 1690.

Declining stocks outnumbered rising ones by 23 to 17 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was down 0.99% or 0.61 to $61.03 a barrel. Meanwhile, Brent oil for delivery in May fell 1.16% or 0.75 to hit $63.98 a barrel, while the April Gold Futures contract fell 0.55% or 7.20 to trade at $1310.70 a troy ounce.

EUR/MAD was up 0.04% to 11.3000, while USD/MAD fell 0.12% to 9.2514.

The US Dollar Index Futures was down 0.02% at 90.59.

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