Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Holding Companies, Utilities and Food Producers & Processors sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.17% to hit a new 1-month high.
The biggest gainers of the session on the Moroccan All Shares were Delta Holding S.A (CS:DHO), which rose 8.25% or 2.50 points to trade at 32.80 at the close. Stokvis Nord Afrique (CS:SNA) added 6.67% or 0.70 points to end at 11.20 and Fenie Brossette (CS:FBR) was up 6.04% or 4.90 points to 86.00 in late trade.
Biggest losers included Brasseries Du Maroc (CS:SBM), which lost 8.00% or 224 points to trade at 2575 in late trade. Alliances (CS:ADI) declined 7.33% or 6 points to end at 73 and Taslif (CS:TSF1) shed 5.96% or 1.43 points to 22.57.
Declining stocks outnumbered rising ones by 17 to 15 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for January delivery was up 0.19% or 0.10 to $53.35 a barrel. Meanwhile, Brent oil for delivery in February rose 0.14% or 0.09 to hit $62.17 a barrel, while the February Gold Futures contract fell 0.30% or 3.80 to trade at $1242.80 a troy ounce.
EUR/MAD was up 0.02% to 10.7910, while USD/MAD fell 0.04% to 9.5086.
The US Dollar Index Futures was up 0.05% at 96.955.