Morocco shares higher at close of trade; Moroccan All Shares up 0.22%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.22%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Thursday, as gains in the Insurance , Forestry & Paper and Banking sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.22%.

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 3.92% or 60 points to trade at 1590 at the close. Wafa Assurance (CS: WASS ) added 3.70% or 182 points to end at 5097 and Auto Hall (CS: AUTO ) was up 2.57% or 2.40 points to 95.90 in late trade.

Biggest losers included Sothema (CS: SOT ), which lost 5.91% or 89 points to trade at 1416 in late trade. BMCI (CS: BMCI ) declined 2.30% or 20 points to end at 850 and Sonasid (CS: SOND ) shed 2.01% or 14 points to 706.

Declining stocks outnumbered rising ones by 18 to 17 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.25% or 0.14 to $56.74 a barrel. Meanwhile, Brent oil for delivery in February rose 0.58% or 0.36 to hit $62.80 a barrel, while the February Gold Futures contract rose 0.46% or 5.70 to trade at $1254.30 a troy ounce.

EUR/MAD was down 0.15% to 11.1430, while USD/MAD rose 0.23% to 9.4574.

The US Dollar Index Futures was up 0.33% at 93.71.

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