Morocco stocks higher at close of trade; Moroccan All Shares up 0.68%

Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Food Producers&Processors, Telecoms and Real Estate sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.68% to hit a new 5-year high.

The best performers of the session on the Moroccan All Shares were Cartier Saada (CSE:CRS), which rose 6.09% or 2.26 points to trade at 39.37 at the close. Meanwhile, Compagnie Sucrerie Marocaine et de Raffinage SA (CSE:CSR) added 3.84% or 7.10 points to end at 192.00 and Involys (CSE:INV) was up 3.79% or 3.85 points to 105.50 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE:SRM), which fell 6.09% or 30.80 points to trade at 475.20 at the close. Stokvis Nord Afrique (CSE:SNA) declined 4.58% or 0.72 points to end at 15.00 and Auto Hall (CSE:ATH) was down 3.28% or 2.49 points to 73.50.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 26 to 21 and 4 ended unchanged.

Crude oil for November delivery was up 1.36% or 0.95 to $70.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.22% or 0.90 to hit $74.55 a barrel, while the December Gold Futures contract rose 0.33% or 8.60 to trade at $2,607.20 a troy ounce.

EUR/MAD was unchanged 0.04% to 10.83, while USD/MAD fell 0.46% to 9.71.

The US Dollar Index Futures was up 0.29% at 100.57.