Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Forestry & Paper, Mining and Real Estate sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.50%.
The biggest gainers of the session on the Moroccan All Shares were Timar (CS:TIM), which rose 5.99% or 17.75 points to trade at 314.25 at the close. Managem (CS:MNG) added 4.59% or 40 points to end at 910 and Med Paper (CS:PAP) was up 4.10% or 0.80 points to 20.32 in late trade.
Biggest losers included Cartier Saada (CS:CRS), which lost 5.56% or 1.15 points to trade at 19.54 in late trade. S2M (CS:S2M) declined 4.82% or 10.45 points to end at 206.55 and Delattre Levivier Maroc (CS:DLM) shed 3.77% or 7.10 points to 181.00.
Advancing stocks outnumbered falling ones by 21 to 15 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for January delivery was down 1.79% or 0.91 to $50.02 a barrel. Meanwhile, Brent oil for delivery in February fell 1.41% or 0.76 to hit $53.17 a barrel, while the February Gold contract rose 0.75% or 8.75 to trade at $1178.85 a troy ounce.
EUR/MAD was down 0.09% to 10.7320, while USD/MAD fell 0.46% to 9.9755.
The US Dollar Index was down 0.24% at 100.27.