Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Hotels, Restaurants & Leisure, Distributors and Banking sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.81% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Timar (CS:TIM), which rose 8.12% or 16.40 points to trade at 218.40 at the close. Meanwhile, Bmce Bank (CS:BMCE) added 6.48% or 14.90 points to end at 244.90 and Stroc Industrie (CS:STR) was up 4.47% or 2.09 points to 48.80 in late trade.
The worst performers of the session were IB Maroc Com SA (CS:IBC), which fell 2.13% or 1.98 points to trade at 91.02 at the close. BMCI (CS:BMCI) declined 1.50% or 15 points to end at 985 and Nexans Maroc (CS:NEX) was down 1.44% or 2.00 points to 137.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 26 to 11 and 9 ended unchanged.
Shares in Bmce Bank (CS:BMCE) rose to 5-year highs; gaining 6.48% or 14.90 to 244.90.
Crude oil for April delivery was down 1.32% or 0.81 to $60.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.95% or 0.61 to hit $63.73 a barrel, while the April Gold Futures contract fell 0.46% or 6.10 to trade at $1321.50 a troy ounce.
EUR/MAD was down 0.35% to 11.3280, while USD/MAD rose 0.44% to 9.1985.
The US Dollar Index Futures was up 0.59% at 90.09.