Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Transport, Construction & Building Materials and Softwere & Computer Services sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.39%.
The best performers of the session on the Moroccan All Shares were Rebab Company (CS:REBA), which rose 5.99% or 6.35 points to trade at 112.35 at the close. Meanwhile, Involys (CS:INV) added 5.67% or 7.95 points to end at 147.95 and Timar (CS:TIM) was up 5.15% or 22.90 points to 467.00 in late trade.
The worst performers of the session were Managem (CS:MNG), which fell 2.08% or 20 points to trade at 940 at the close. Residences Dar Saada SA (CS:RDS) declined 1.51% or 2.70 points to end at 175.30 and Med Paper (CS:PAP) was down 1.38% or 0.25 points to 17.74.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 26 to 10 and 3 ended unchanged.
Shares in Timar (CS:TIM) rose to 52-week highs; gaining 5.15% or 22.90 to 467.00.
Crude oil for May delivery was up 1.21% or 0.61 to $51.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.40% or 1.33 to hit $56.88 a barrel, while the June Gold contract fell 0.68% or 8.20 to trade at $1194.90 a troy ounce.
EUR/MAD was down 0.21% to 10.6800, while USD/MAD rose 0.83% to 10.0100.
The US Dollar Index was up 0.90% at 99.14.