Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Chemicals, Banking and Real Estate sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 1.55% to hit a new 5-year high.
The best performers of the session on the Moroccan All Shares were Bmce Bank (CS:BMCE), which rose 8.82% or 19.85 points to trade at 244.85 at the close. Meanwhile, Realis. Mecaniques (CS:SRM) added 5.64% or 14.95 points to end at 280.00 and M2M Group (CS:M2M) was up 5.34% or 21.90 points to 431.90 in late trade.
The worst performers of the session were Taslif (CS:TSF1), which fell 5.97% or 1.64 points to trade at 25.81 at the close. Micro Data SA (CS:MIC) declined 3.96% or 12.00 points to end at 291.00 and S2M (CS:S2M) was down 3.31% or 10.90 points to 318.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 31 to 17 and 5 ended unchanged.
Shares in Bmce Bank (CS:BMCE) rose to 5-year highs; rising 8.82% or 19.85 to 244.85.
Crude oil for March delivery was up 1.11% or 0.72 to $65.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.49% or 0.34 to hit $69.23 a barrel, while the April Gold Futures contract rose 0.21% or 2.80 to trade at $1345.90 a troy ounce.
EUR/MAD was up 0.33% to 11.3980, while USD/MAD fell 0.33% to 9.1297.
The US Dollar Index Futures was down 0.40% at 88.59.