Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Real Estate, Holding Companies and Insurance sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.72%.
The biggest gainers of the session on the Moroccan All Shares were Wafa Assurance (CS:WASS), which rose 5.97% or 203 points to trade at 3598 at the close. IB Maroc Com SA (CS:IBC) added 5.96% or 5.79 points to end at 102.80 and Involys (CS:INV) was up 5.91% or 7.10 points to 127.10 in late trade.
Biggest losers included Afriquia Gaz (CS:AGAZ1), which lost 4.44% or 100 points to trade at 2150 in late trade. Risma (CS:RIS) declined 3.48% or 3.90 points to end at 108.00 and Jet Contractors (CS:JET) shed 3.01% or 5.00 points to 161.00.
Advancing stocks outnumbered falling ones by 22 to 11 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was down 4.32% or 2.02 to $44.78 a barrel. Meanwhile, Brent oil for delivery in September fell 4.48% or 2.17 to hit $46.30 a barrel, while the August Gold contract rose 0.60% or 7.95 to trade at $1343.25 a troy ounce.
EUR/MAD was up 0.21% to 10.8730, while USD/MAD fell 0.20% to 9.7850.
The US Dollar Index was down 0.39% at 96.17.