Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Software & Computer Services, Construction & Building Materials and Telecoms sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.18% to hit a new 52-week high.
The best performers of the session on the Moroccan All Shares were Hps (CS:HPS), which rose 6.36% or 35.00 points to trade at 585.00 at the close. Meanwhile, Realis. Mecaniques (CS:SRM) added 3.31% or 8.00 points to end at 250.00 and Sonasid (CS:SOND) was up 2.94% or 9 points to 300 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 5.98% or 15.55 points to trade at 244.45 at the close. Involys (CS:INV) declined 4.53% or 4.70 points to end at 99.00 and Stroc Industrie (CS:STR) was down 4.17% or 1.96 points to 45.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 14 and 5 ended unchanged.
Shares in Timar (CS:TIM) fell to all time lows; losing 5.98% or 15.55 to 244.45. Shares in Involys (CS:INV) fell to all time lows; falling 4.53% or 4.70 to 99.00.
Crude oil for December delivery was down 1.85% or 0.96 to $50.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 2.13% or 1.12 to hit $51.55 a barrel, while the December Gold contract fell 0.23% or 2.95 to trade at $1266.95 a troy ounce.
EUR/MAD was down 0.25% to 10.8040, while USD/MAD rose 0.01% to 9.8710.
The US Dollar Index was up 0.32% at 98.18.