Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Forestry & Paper, Oil & Gas and Beverage sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.37%.
The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.99% or 3.73 points to trade at 41.07 at the close. Meanwhile, Centrale Danone (CS:CDA) added 5.97% or 59 points to end at 1055 and CIH (CS:CIH) was up 5.10% or 16.25 points to 335.00 in late trade.
The worst performers of the session were Snep (CS:SNP), which fell 9.98% or 29.25 points to trade at 263.75 at the close. Stroc Industrie (CS:STR) declined 9.98% or 6.04 points to end at 54.46 and Fenie Brossette (CS:FBR) was down 9.96% or 13.00 points to 117.50.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 22 and 6 ended unchanged.
Shares in Med Paper (CS:PAP) rose to 52-week highs; rising 9.99% or 3.73 to 41.07. Shares in CIH (CS:CIH) rose to 52-week highs; rising 5.10% or 16.25 to 335.00.
Crude oil for February delivery was up 0.67% or 0.34 to $51.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.63% or 0.34 to hit $54.26 a barrel, while the February Gold contract fell 1.08% or 13.05 to trade at $1199.05 a troy ounce.
EUR/MAD was down 0.03% to 10.7070, while USD/MAD rose 0.08% to 10.0774.
The US Dollar Index was up 0.14% at 101.45.