Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Real Estate, Forestry & Paper and Mining sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.37%.
The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 5.99% or 2 points to trade at 32 at the close. Colorado (CS:COL) added 5.63% or 3.95 points to end at 74.00 and Residences Dar Saada SA (CS:RDS) was up 4.34% or 5.25 points to 126.00 in late trade.
Biggest losers included Timar (CS:TIM), which lost 6.00% or 24.60 points to trade at 385.40 in late trade. Stroc Industrie (CS:STR) declined 5.99% or 2.39 points to end at 37.49 and Snep (CS:SNP) shed 4.06% or 3.90 points to 92.10.
Advancing stocks outnumbered falling ones by 25 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for November delivery was down 1.07% or 0.50 to $46.16 a barrel. Meanwhile, Brent oil for delivery in December fell 0.56% or 0.28 to hit $49.41 a barrel, while the December Gold contract rose 1.03% or 12.00 to trade at $1177.40 a troy ounce.
EUR/MAD was up 0.19% to 10.9760, while USD/MAD fell 0.19% to 9.6067.
The US Dollar Index was down 0.57% at 94.26.