Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Utilities, Mining and Oil & Gas sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.04%.
The best performers of the session on the Moroccan All Shares were Lydec (CS:LYD), which rose 6.00% or 29.10 points to trade at 514.10 at the close. Meanwhile, Taslif (CS:TSF1) added 5.99% or 2.54 points to end at 44.94 and SMI (CS:SMI) was up 5.99% or 146 points to 2582 in late trade.
The worst performers of the session were CDM (CS:CDM), which fell 5.99% or 28 points to trade at 440 at the close. Label Vie (CS:LBV) declined 5.99% or 68 points to end at 1067 and Med Paper (CS:PAP) was down 5.99% or 1.13 points to 17.73.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 19 and 6 ended unchanged.
Crude oil for August delivery was down 2.35% or 1.17 to $48.71 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.42% or 1.24 to hit $50.08 a barrel, while the August Gold contract fell 0.55% or 7.35 to trade at $1319.55 a troy ounce.
EUR/MAD was down 0.47% to 10.8500, while USD/MAD rose 0.32% to 9.8040.
The US Dollar Index was up 0.61% at 96.27.