Morocco shares higher at close of trade; Moroccan All Shares up 0.68%

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

At the close in Casablanca, the Moroccan All Shares rose 0.68% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CSE:CRS), which rose 6.09% or 2.26 points to trade at 39.37 at the close. Compagnie Sucrerie Marocaine et de Raffinage SA (CSE:CSR) added 3.84% or 7.10 points to end at 192.00 and Involys (CSE:INV) was up 3.79% or 3.85 points to 105.50 in late trade.

Biggest losers included Realis. Mecaniques (CSE:SRM), which lost 6.09% or 30.80 points to trade at 475.20 in late trade. Stokvis Nord Afrique (CSE:SNA) declined 4.58% or 0.72 points to end at 15.00 and Auto Hall (CSE:ATH) shed 3.28% or 2.49 points to 73.50.

Advancing stocks outnumbered falling ones by 26 to 21 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.43% or 1.00 to $70.88 a barrel. Meanwhile, Brent oil for delivery in November rose 1.29% or 0.95 to hit $74.60 a barrel, while the December Gold Futures contract rose 0.36% or 9.40 to trade at $2,608.00 a troy ounce.

EUR/MAD was unchanged 0.04% to 10.83, while USD/MAD fell 0.46% to 9.71.

The US Dollar Index Futures was up 0.28% at 100.56.