Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Oil & Gas, Distributors and Holding Companies sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.22%.
The biggest gainers of the session on the Moroccan All Shares were Samir (CS:SAMI), which rose 10.00% or 15.60 points to trade at 171.60 at the close. Aluminum mar 1l (CS:ALU) added 5.99% or 66 points to end at 1167 and Stokvis Nord Afrique (CS:SNA) was up 5.97% or 1.56 points to 27.66 in late trade.
Biggest losers included Delattre Levivier Maroc (CS:DLM), which lost 5.51% or 12.95 points to trade at 222.05 in late trade. Risma (CS:RIS) declined 4.86% or 10.90 points to end at 213.10 and Disway (CS:DWAY) shed 3.88% or 8.90 points to 220.00.
Advancing stocks outnumbered falling ones by 22 to 11 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was up 4.33% or 2.31 to $55.60 a barrel. Meanwhile, Brent oil for delivery in June rose 3.37% or 2.02 to hit $61.83 a barrel, while the June Gold contract rose 0.29% or 3.50 to trade at $1196.10 a troy ounce.
EUR/MAD was down 0.26% to 10.6560, while USD/MAD rose 0.26% to 10.0445.
The US Dollar Index was up 0.20% at 99.21.