Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Banking, Beverage and Transport sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 1.25% to hit a new all time high.
The biggest gainers of the session on the Moroccan All Shares were Residences Dar Saada SA (CSE:RDS), which rose 9.99% or 8.14 points to trade at 89.64 at the close. Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) added 6.45% or 40.00 points to end at 660.00 and Wafa Assurance (CSE:WAA) was up 5.86% or 254.00 points to 4,590.00 in late trade.
Biggest losers included Colorado (CSE:COL), which lost 2.43% or 1.46 points to trade at 58.54 in late trade. Disty Technologies SA (CSE:DYT) declined 2.14% or 7.00 points to end at 320.00 and Realis. Mecaniques (CSE:SRM) shed 1.92% or 7.90 points to 403.10.
Advancing stocks outnumbered falling ones by 38 to 15 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.08% or 0.06 to $74.31 a barrel. Meanwhile, Brent oil for delivery in March rose 0.01% or 0.01 to hit $77.06 a barrel, while the February Gold Futures contract rose 0.53% or 14.06 to trade at $2,679.46 a troy ounce.
EUR/MAD was down 0.53% to 10.36, while USD/MAD rose 0.36% to 10.07.
The US Dollar Index Futures was up 0.51% at 108.93.