Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Construction & Building Materials, Insurance and Pharmaceutical Industry sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.62%.
The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 4.53% or 7 points to trade at 166 at the close. LafargeHolcim Maroc (CS:LHM) added 4.50% or 99 points to end at 2299 and Wafa Assurance (CS:WASS) was up 4.02% or 181 points to 4681 in late trade.
Biggest losers included Taslif (CS:TSF1), which lost 5.97% or 1.77 points to trade at 27.86 in late trade. Rebab Company (CS:REBA) declined 5.96% or 7.75 points to end at 122.25 and Micro Data SA (CS:MIC) shed 4.54% or 9.30 points to 195.60.
Declining stocks outnumbered rising ones by 22 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was up 2.01% or 0.97 to $49.34 a barrel. Meanwhile, Brent oil for delivery in June rose 1.83% or 0.94 to hit $52.36 a barrel, while the April Gold Futures contract fell 0.27% or 3.35 to trade at $1252.25 a troy ounce.
EUR/MAD was down 0.22% to 10.7560, while USD/MAD rose 0.28% to 9.9950.
The US Dollar Index Futures was up 0.38% at 99.91.