Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Chemicals, Forestry & Paper and Oil & Gas sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.08% to hit a new 52-week high.
The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CSE:IBC), which rose 9.59% or 2.79 points to trade at 31.89 at the close. Meanwhile, M2M Group (CSE:M2M) added 5.75% or 24.60 points to end at 452.60 and Cartier Saada (CSE:CRS) was up 4.17% or 1.26 points to 31.48 in late trade.
The worst performers of the session were Balima (CSE:BAL), which fell 5.76% or 11.50 points to trade at 188.00 at the close. Societe Equipement Domestique et Menager SA (CSE:EQD) declined 5.13% or 59.00 points to end at 1,090.00 and Maghreb Oxygene (CSE:MOX) was down 4.23% or 9.00 points to 204.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 28 to 24 and 10 ended unchanged.
Crude oil for September delivery was down 0.55% or 0.45 to $80.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.54% or 0.46 to hit $84.62 a barrel, while the August Gold Futures contract rose 0.44% or 10.80 to trade at $2,470.70 a troy ounce.
EUR/MAD was down 0.30% to 10.71, while USD/MAD fell 0.21% to 9.80.
The US Dollar Index Futures was up 0.25% at 103.70.