Morocco stocks higher at close of trade; Moroccan All Shares up 1.31%

Morocco stocks were higher after the close on Thursday, as gains in the Banking, Beverage and Transport sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 1.31%.

The best performers of the session on the Moroccan All Shares were Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR), which rose 9.98% or 25.75 points to trade at 283.75 at the close. Meanwhile, Sanlam Maroc SA (CSE:SAH) added 5.26% or 100.00 points to end at 2,000.00 and Ciments Du Maroc (CSE:CMA) was up 4.68% or 89.00 points to 1,989.00 in late trade.

The worst performers of the session were Miniere Touissit (CSE:CMT), which fell 4.00% or 100.00 points to trade at 2,400.00 at the close. Colorado (CSE:COL) declined 3.38% or 2.90 points to end at 83.00 and Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) was down 3.35% or 18.00 points to 520.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 38 to 15 and 5 ended unchanged.

Crude oil for November delivery was up 0.46% or 0.27 to $58.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.37% or 0.23 to hit $62.14 a barrel, while the December Gold Futures contract rose 2.00% or 84.11 to trade at $4,285.71 a troy ounce.

EUR/MAD was up 0.66% to 10.74, while USD/MAD rose 0.09% to 9.19.

The US Dollar Index Futures was down 0.34% at 98.21.