Morocco stocks higher at close of trade; Moroccan All Shares up 0.10%

Investing.com – Morocco stocks were higher after the close on Thursday, as gains in the Forestry&Paper, Transport and Holding Companies sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.10%.

The best performers of the session on the Moroccan All Shares were S2M (CSE:S2M), which rose 9.98% or 21.40 points to trade at 235.85 at the close. Meanwhile, Med Paper (CSE:MDP) added 9.96% or 2.41 points to end at 26.60 and Involys (CSE:INV) was up 9.95% or 9.41 points to 104.00 in late trade.

The worst performers of the session were Rebab Company (CSE:REB), which fell 5.99% or 4.19 points to trade at 65.71 at the close. Maghreb Oxygene (CSE:MOX) declined 4.91% or 11.00 points to end at 213.00 and Ste Nationale de Siderurgie SA (CSE:SID) was down 3.17% or 27.70 points to 846.20.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 38 to 16 and 7 ended unchanged.

Shares in S2M (CSE:S2M) rose to 52-week highs; up 9.98% or 21.40 to 235.85. Shares in Rebab Company (CSE:REB) fell to all time lows; down 5.99% or 4.19 to 65.71. Shares in Involys (CSE:INV) rose to 52-week highs; up 9.95% or 9.41 to 104.00.

Crude oil for October delivery was up 1.33% or 0.96 to $72.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.31% or 1.00 to hit $77.05 a barrel, while the December Gold Futures contract fell 1.28% or 32.70 to trade at $2,514.80 a troy ounce.

EUR/MAD was down 0.10% to 10.77, while USD/MAD fell 0.13% to 9.67.

The US Dollar Index Futures was up 0.49% at 101.41.

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