Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Forestry & Paper, Chemicals and Holding Companies sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.30%.
The biggest gainers of the session on the Moroccan All Shares were Fenie Brossette (CS:FBR), which rose 8.08% or 9.85 points to trade at 131.75 at the close. Aluminum mar 1l (CS:ALU) added 5.99% or 73 points to end at 1291 and Stroc Industrie (CS:STR) was up 5.66% or 3.06 points to 57.10 in late trade.
Biggest losers included IB Maroc Com SA (CS:IBC), which lost 8.16% or 8.80 points to trade at 99.00 in late trade. Taslif (CS:TSF1) declined 5.99% or 1.67 points to end at 26.22 and Nexans Maroc (CS:NEX) shed 4.99% or 8.40 points to 160.00.
Advancing stocks outnumbered falling ones by 22 to 21 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for March delivery was up 0.15% or 0.08 to $53.26 a barrel. Meanwhile, Brent oil for delivery in March rose 0.05% or 0.03 to hit $55.47 a barrel, while the February Gold contract fell 0.95% or 11.55 to trade at $1199.25 a troy ounce.
EUR/MAD was up 0.03% to 10.7530, while USD/MAD fell 0.06% to 10.0111.
The US Dollar Index was down 0.26% at 100.01.