Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Chemicals, Distributors and Food Producers & Processors sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.10%.
The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 10.00% or 12.50 points to trade at 137.55 at the close. Meanwhile, Jet Contractors (CS:JET) added 9.98% or 22.90 points to end at 252.40 and Nexans Maroc (CS:NEX) was up 5.99% or 10.15 points to 179.70 in late trade.
The worst performers of the session were Stroc Industrie (CS:STR), which fell 4.44% or 2.40 points to trade at 51.60 at the close. Snep (CS:SNP) declined 3.97% or 24.00 points to end at 581.00 and Auto Hall (CS:AUTO) was down 2.91% or 3.20 points to 106.60.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 20 to 19 and 9 ended unchanged.
Shares in IB Maroc Com SA (CS:IBC) rose to 52-week highs; rising 10.00% or 12.50 to 137.55. Shares in Jet Contractors (CS:JET) rose to 52-week highs; gaining 9.98% or 22.90 to 252.40. Shares in Nexans Maroc (CS:NEX) rose to 52-week highs; gaining 5.99% or 10.15 to 179.70.
Crude oil for September delivery was up 0.21% or 0.10 to $46.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.84% or 0.42 to hit $50.69 a barrel, while the December Gold Futures contract rose 0.81% or 10.37 to trade at $1293.27 a troy ounce.
EUR/MAD was up 0.10% to 11.1340, while USD/MAD rose 0.42% to 9.4791.
The US Dollar Index Futures was up 0.12% at 93.52.