Morocco stocks were higher after the close on Thursday, as gains in the Forestry & Paper, Pharmaceutical Industry and Electrical & Electronic equipment sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 2.18%.

The best performers of the session on the Moroccan All Shares were CDM (CSE:CDM), which rose 9.64% or 94.00 points to trade at 1,069.00 at the close. Meanwhile, SMI (CSE:SMI) added 9.49% or 199.00 points to end at 2,295.00 and Residences Dar Saada SA (CSE:RDS) was up 9.13% or 8.95 points to 106.95 in late trade.

The worst performers of the session were Bmce Bank (CSE:BOA), which fell 7.61% or 14.00 points to trade at 170.00 at the close. LafargeHolcim Maroc (CSE:LHM) declined 3.31% or 60.00 points to end at 1,750.00 and Realis. Mecaniques (CSE:SRM) was down 1.03% or 4.00 points to 385.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 57 to 4.

Shares in Bmce Bank (CSE:BOA) fell to 52-week lows; down 7.61% or 14.00 to 170.00.

Crude oil for May delivery was down 4.28% or 2.67 to $59.68 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 3.80% or 2.49 to hit $62.99 a barrel, while the June Gold Futures contract rose 3.21% or 98.71 to trade at $3,178.11 a troy ounce.

EUR/MAD was unchanged 0.02% to 10.49, while USD/MAD fell 0.80% to 9.47.

The US Dollar Index Futures was down 1.58% at 101.00.