Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Hotels, Restaurants & Leisure, Banking and Food Producers & Processors sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.13% to hit a new 5-year high.
The best performers 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. Meanwhile, 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.
The worst performers of the session were Maroc Leasing (CS:MLE), which fell 5.99% or 25.95 points to trade at 407.05 at the close. Lydec (CS:LYD) declined 4.29% or 28.40 points to end at 634.00 and Douja Prom Addoha (CS:ADH) was down 4.01% or 1.40 points to 33.50.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 21 and 7 ended unchanged.
Shares in S2M (CS:S2M) rose to all time highs; up 4.70% or 14.95 to 332.95.
Crude oil for March delivery was up 0.72% or 0.47 to $66.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.62% or 0.44 to hit $70.97 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.