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 Hotels, Restaurants & Leisure , Banking and Food Producers & Processors sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.13% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Risma (CS: RIS ), which rose 7.19% or 11.00 points to trade at 164.00 at the close. S2M (CS: S2M ) added 4.70% or 14.95 points to end at 332.95 and SMI (CS: SMI ) was up 3.32% or 103 points to 3206 in late trade.

Biggest losers included Maroc Leasing (CS: MLE ), which lost 5.99% or 25.95 points to trade at 407.05 in late trade. Lydec (CS: LYD ) declined 4.29% or 28.40 points to end at 634.00 and Douja Prom Addoha (CS: ADH ) shed 4.01% or 1.40 points to 33.50.

Declining stocks outnumbered rising ones by 22 to 21 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.72% or 0.47 to $66.08 a barrel. Meanwhile, Brent oil for delivery in March rose 0.60% or 0.42 to hit $70.95 a barrel, while the February Gold Futures contract rose 0.26% or 3.50 to trade at $1359.80 a troy ounce.

EUR/MAD was up 0.22% to 11.3850, while USD/MAD fell 0.52% to 9.1117.

The US Dollar Index Futures was down 0.52% at 88.56.

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