Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Mining, Forestry & Paper and Oil & Gas sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.20% to hit a new 1-month high.
The biggest gainers of the session on the Moroccan All Shares were Taslif (CS:TSF1), which rose 5.98% or 2.05 points to trade at 36.29 at the close. Managem (CS:MNG) added 5.05% or 43 points to end at 893 and Ennakl (CS:NAKL) was up 4.45% or 1.72 points to 40.32 in late trade.
Biggest losers included Maghrebail (CS:MAB), which lost 6.00% or 42 points to trade at 658 in late trade. Involys (CS:INV) declined 5.98% or 7.70 points to end at 121.00 and Stroc Industrie (CS:STR) shed 5.82% or 4.95 points to 80.05.
Advancing stocks outnumbered falling ones by 19 to 17 and 1 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was down 2.32% or 1.23 to $51.81 a barrel. Meanwhile, Brent oil for delivery in September fell 1.82% or 1.07 to hit $57.61 a barrel, while the August Gold contract fell 0.79% or 9.10 to trade at $1144.40 a troy ounce.
EUR/MAD was down 0.31% to 10.7760, while USD/MAD rose 0.26% to 9.8307.
The US Dollar Index was up 0.46% at 97.25.