Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Mining, Distributors and Construction & Building Materials sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.20%.
The biggest gainers of the session on the Moroccan All Shares were Managem (CSE:MNG), which rose 7.39% or 170.00 points to trade at 2,470.00 at the close. CDM (CSE:CDM) added 5.98% or 52.00 points to end at 922.00 and S2M (CSE:S2M) was up 5.93% or 9.90 points to 176.95 in late trade.
Biggest losers included Afriquia Gaz (CSE:GAZ), which lost 3.12% or 129.00 points to trade at 4,000.00 in late trade. Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) declined 2.85% or 14.80 points to end at 505.10 and CTM (CSE:CTM) shed 2.42% or 15.90 points to 642.00.
Advancing stocks outnumbered falling ones by 25 to 19 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.52% or 0.42 to $81.13 a barrel. Meanwhile, Brent oil for delivery in August rose 0.57% or 0.49 to hit $85.82 a barrel, while the August Gold Futures contract fell 0.26% or 6.00 to trade at $2,340.90 a troy ounce.
EUR/MAD was up 0.11% to 10.72, while USD/MAD fell 0.19% to 9.98.
The US Dollar Index Futures was down 0.06% at 104.81.