Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Mining, Holding Companies and Insurance sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.01%.
The best performers of the session on the Moroccan All Shares were Delta Holding S.A (CS:DHO), which rose 5.80% or 2.00 points to trade at 36.50 at the close. Meanwhile, Saham Assurance (CS:SAH) added 5.00% or 81 points to end at 1700 and Managem (CS:MNG) was up 4.92% or 74 points to 1579 in late trade.
The worst performers of the session were Lydec (CS:LYD), which fell 5.32% or 32.00 points to trade at 570.00 at the close. Douja Prom Addoha (CS:ADH) declined 5.00% or 1.00 points to end at 19.01 and Alliances (CS:ADI) was down 3.98% or 4 points to 105.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 17 to 13 and 7 ended unchanged.
Shares in Lydec (CS:LYD) fell to 52-week lows; falling 5.32% or 32.00 to 570.00. Shares in Douja Prom Addoha (CS:ADH) fell to all time lows; falling 5.00% or 1.00 to 19.01. Shares in Alliances (CS:ADI) fell to 52-week lows; falling 3.98% or 4 to 105.
Crude oil for August delivery was up 3.11% or 2.19 to $72.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 2.00% or 1.52 to hit $77.66 a barrel, while the August Gold Futures contract fell 0.33% or 4.10 to trade at $1255.80 a troy ounce.
EUR/MAD was down 0.23% to 11.0520, while USD/MAD rose 0.33% to 9.5430.
The US Dollar Index Futures was up 0.49% at 94.82.