Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Chemicals, Real Estate and Food Producers & Processors sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 3.04% to hit a new 5-year high.
The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 10.00% or 11 points to trade at 116 at the close. Meanwhile, Snep (CS:SNP) added 9.99% or 18.65 points to end at 205.25 and Douja Prom Addoha (CS:ADH) was up 9.98% or 4.49 points to 49.49 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 5.99% or 18.75 points to trade at 294.25 at the close. Dari Couspate SA (CS:DRI) declined 5.93% or 175 points to end at 2775 and Aluminum du Maroc SA (CS:ALU) was down 5.19% or 62 points to 1132.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 42 to 8 and 3 ended unchanged.
Shares in Alliances (CS:ADI) rose to 52-week highs; rising 10.00% or 11 to 116. Shares in Snep (CS:SNP) rose to 52-week highs; up 9.99% or 18.65 to 205.25. Shares in Douja Prom Addoha (CS:ADH) rose to 52-week highs; gaining 9.98% or 4.49 to 49.49.
Crude oil for February delivery was down 0.23% or 0.12 to $53.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.16% or 0.09 to hit $56.37 a barrel, while the February Gold contract rose 1.51% or 17.55 to trade at $1182.85 a troy ounce.
EUR/MAD was up 0.38% to 10.6940, while USD/MAD fell 0.55% to 10.0956.
The US Dollar Index was down 0.97% at 101.50.