Morocco shares higher at close of trade; Moroccan All Shares up 0.62%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.62%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Banking , Beverage and Oil & Gas sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.62% to hit a new 6-month high.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 9.99% or 17.20 points to trade at 189.45 at the close. Rebab Company (CS: REBA ) added 5.93% or 8.00 points to end at 143.00 and Zellidja S.A (CS: ZELI ) was up 5.73% or 7.85 points to 144.85 in late trade.

Biggest losers included Wafa Assurance (CS: WASS ), which lost 4.02% or 199 points to trade at 4750 in late trade. CTM (CS: CTM ) declined 3.29% or 32.00 points to end at 942.00 and Jet Contractors (CS: JET ) shed 2.06% or 4.95 points to 235.00.

Advancing stocks outnumbered falling ones by 30 to 18 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.02% or 0.01 to $49.17 a barrel. Meanwhile, Brent oil for delivery in November rose 0.28% or 0.15 to hit $54.35 a barrel, while the December Gold Futures contract rose 0.78% or 10.41 to trade at $1349.41 a troy ounce.

EUR/MAD was up 0.10% to 11.1830, while USD/MAD fell 0.61% to 9.3175.

The US Dollar Index Futures was down 0.59% at 91.67.

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