Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Insurance, Forestry & Paper and Telecoms sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.01% to hit a new all time high.
The best performers of the session on the Moroccan All Shares were Residences Dar Saada SA (CSE:RDS), which rose 9.95% or 9.43 points to trade at 104.20 at the close. Meanwhile, Realis. Mecaniques (CSE:SRM) added 9.01% or 41.00 points to end at 496.00 and Societe des Boissons du Maroc SA (CSE:SBM) was up 3.26% or 75.00 points to 2,375.00 in late trade.
The worst performers of the session were IB Maroc Com SA (CSE:IBC), which fell 6.26% or 2.19 points to trade at 32.80 at the close. Ste Nationale de Siderurgie SA (CSE:SID) declined 4.47% or 51.00 points to end at 1,089.00 and Managem (CSE:MNG) was down 2.31% or 80.00 points to 3,380.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 27 to 21 and 11 ended unchanged.
Shares in Residences Dar Saada SA (CSE:RDS) rose to 5-year highs; up 9.95% or 9.43 to 104.20.
Crude oil for March delivery was down 0.52% or 0.41 to $78.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.56% or 0.46 to hit $81.57 a barrel, while the February Gold Futures contract rose 1.13% or 30.74 to trade at $2,748.54 a troy ounce.
EUR/MAD was down 0.17% to 10.35, while USD/MAD fell 0.13% to 10.06.
The US Dollar Index Futures was down 0.04% at 108.87.