Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Insurance, Construction & Building Materials and Distributors sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.26%.
The biggest gainers of the session on the Moroccan All Shares were Wafa Assurance (CS:WASS), which rose 5.38% or 229 points to trade at 4485 at the close. Stroc Industrie (CS:STR) added 4.47% or 1.24 points to end at 28.99 and LafargeHolcim Maroc (CS:LHM) was up 3.24% or 54 points to 1719 in late trade.
Biggest losers included CIH (CS:CIH), which lost 6.80% or 21.00 points to trade at 288.00 in late trade. Maghreb Oxygene (CS:OXYG) declined 5.71% or 8.90 points to end at 147.00 and Snep (CS:SNP) shed 5.04% or 34.00 points to 640.00.
Declining stocks outnumbered rising ones by 14 to 12 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.26% or 0.19 to $74.33 a barrel. Meanwhile, Brent oil for delivery in September rose 0.66% or 0.51 to hit $78.27 a barrel, while the August Gold Futures contract rose 0.37% or 4.60 to trade at $1258.10 a troy ounce.
EUR/MAD was down 0.05% to 11.0550, while USD/MAD fell 0.18% to 9.4705.
The US Dollar Index Futures was down 0.14% at 94.19.