Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Mining, Telecoms and Banking sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.06%.
The biggest gainers of the session on the Moroccan All Shares were Colorado (CS:COL), which rose 7.15% or 3.57 points to trade at 53.49 at the close. SMI (CS:SMI) added 4.67% or 134 points to end at 3000 and Residences Dar Saada SA (CS:RDS) was up 2.87% or 5.00 points to 179.00 in late trade.
Biggest losers included Med Paper (CS:PAP), which lost 5.94% or 1.07 points to trade at 16.92 in late trade. Total Maroc SA (CS:TMA) declined 5.68% or 44.9 points to end at 745.1 and Delattre Levivier Maroc (CS:DLM) shed 4.94% or 8.60 points to 165.20.
Declining stocks outnumbered rising ones by 22 to 9 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for July delivery was down 0.78% or 0.38 to $48.11 a barrel. Meanwhile, Brent oil for delivery in August fell 1.40% or 0.70 to hit $49.13 a barrel, while the August Gold contract rose 0.00% or 0.05 to trade at $1288.15 a troy ounce.
EUR/MAD was up 0.15% to 10.9150, while USD/MAD fell 0.22% to 9.7087.
The US Dollar Index was down 0.20% at 94.84.