Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Mining, Chemicals and Construction & Building Materials sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.50% to hit a new 5-year high.
The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 8.19% or 1.95 points to trade at 25.75 at the close. Micro Data SA (CS:MIC) added 6.32% or 18.00 points to end at 303.00 and Dari Couspate SA (CS:DRI) was up 5.00% or 200 points to 4200 in late trade.
Biggest losers included Maghreb Oxygene (CS:OXYG), which lost 5.97% or 9.55 points to trade at 150.45 in late trade. Hps (CS:HPS) declined 3.80% or 79.00 points to end at 2000.00 and Stroc Industrie (CS:STR) shed 3.13% or 1.60 points to 49.50.
Advancing stocks outnumbered falling ones by 30 to 14 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for March delivery was up 0.26% or 0.17 to $64.67 a barrel. Meanwhile, Brent oil for delivery in April rose 0.36% or 0.25 to hit $68.77 a barrel, while the February Gold Futures contract rose 0.43% or 5.80 to trade at $1341.20 a troy ounce.
EUR/MAD was up 0.09% to 11.3760, while USD/MAD fell 0.18% to 9.1478.
The US Dollar Index Futures was down 0.18% at 88.86.