Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Distributors, Holding Companies and Real Estate sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.30% to hit a new 3-years high.
The best performers of the session on the Moroccan All Shares were Sonasid (CS:SOND), which rose 7.07% or 27 points to trade at 409 at the close. Meanwhile, Label Vie (CS:LBV) added 4.66% or 55 points to end at 1235 and Residences Dar Saada SA (CS:RDS) was up 4.60% or 8.00 points to 182.00 in late trade.
The worst performers of the session were Stokvis Nord Afrique (CS:SNA), which fell 6.22% or 1.35 points to trade at 20.36 at the close. Zellidja S.A (CS:ZELI) declined 5.97% or 8.90 points to end at 140.10 and Afriquia Gaz (CS:AGAZ1) was down 4.60% or 112 points to 2325.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 21 to 20 and 8 ended unchanged.
Shares in Label Vie (CS:LBV) rose to 52-week highs; rising 4.66% or 55 to 1235.
Crude oil for January delivery was up 1.31% or 0.65 to $50.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.11% or 0.59 to hit $53.59 a barrel, while the February Gold contract fell 0.40% or 4.75 to trade at $1172.75 a troy ounce.
EUR/MAD was down 0.47% to 10.7050, while USD/MAD rose 0.64% to 10.0510.
The US Dollar Index was up 0.84% at 101.12.