Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Distributors, Real Estate and Telecoms sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.13%.
The best performers of the session on the Moroccan All Shares were Maroc Leasing (CS:MLE), which rose 6.00% or 26.05 points to trade at 460.55 at the close. Meanwhile, Maghrebail (CS:MAB) added 4.64% or 43 points to end at 970 and Label Vie (CS:LBV) was up 2.37% or 45 points to 1945 in late trade.
The worst performers of the session were M2M Group (CS:M2M), which fell 4.87% or 24.00 points to trade at 469.00 at the close. IB Maroc Com SA (CS:IBC) declined 3.75% or 3.90 points to end at 100.00 and Ciments Du Maroc (CS:SCM) was down 2.31% or 40 points to 1690.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 17 and 4 ended unchanged.
Shares in Maroc Leasing (CS:MLE) rose to 5-year highs; rising 6.00% or 26.05 to 460.55.
Crude oil for April delivery was down 0.99% or 0.61 to $61.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 1.25% or 0.81 to hit $63.92 a barrel, while the April Gold Futures contract fell 0.53% or 7.00 to trade at $1310.90 a troy ounce.
EUR/MAD was up 0.04% to 11.3000, while USD/MAD fell 0.12% to 9.2514.
The US Dollar Index Futures was down 0.02% at 90.59.