Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Holding Companies, Banking and Distributors sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.27% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Micro Data SA (CS:MIC), which rose 6.83% or 8.50 points to trade at 133.00 at the close. Meanwhile, CIH (CS:CIH) added 2.94% or 8.00 points to end at 280.00 and Delta Holding S.A (CS:DHO) was up 2.20% or 0.43 points to 19.97 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 5.99% or 19.70 points to trade at 309.40 at the close. M2M Group (CS:M2M) declined 5.57% or 17.00 points to end at 288.00 and Ciments Du Maroc (CS:SCM) was down 3.08% or 38 points to 1197.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 16 to 13 and 8 ended unchanged.
Crude oil for October delivery was up 4.04% or 1.84 to $47.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 3.79% or 1.82 to hit $49.80 a barrel, while the December Gold contract fell 0.66% or 8.95 to trade at $1340.25 a troy ounce.
EUR/MAD was up 0.06% to 10.9220, while USD/MAD fell 0.08% to 9.7040.
The US Dollar Index was up 0.19% at 95.13.