Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Electrical & Electronic equipment, Hotels, Restaurants & Leisure and Distributors sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.01%.
The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 9.98% or 11.35 points to trade at 125.05 at the close. Meanwhile, Timar (CS:TIM) added 8.97% or 21.00 points to end at 255.00 and Alliances (CS:ADI) was up 7.96% or 22 points to 292 in late trade.
The worst performers of the session were BMCI (CS:BMCI), which fell 4.43% or 30 points to trade at 640 at the close. Eqdom (CS:EQDM) declined 4.42% or 50 points to end at 1080 and Hps (CS:HPS) was down 4.09% or 58.00 points to 1361.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 16 and 6 ended unchanged.
Shares in IB Maroc Com SA (CS:IBC) rose to 52-week highs; up 9.98% or 11.35 to 125.05. Shares in Alliances (CS:ADI) rose to 52-week highs; rising 7.96% or 22 to 292.
Crude oil for September delivery was down 0.50% or 0.24 to $47.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.14% or 0.07 to hit $50.73 a barrel, while the December Gold Futures contract rose 0.08% or 1.06 to trade at $1280.76 a troy ounce.
EUR/MAD was down 0.26% to 11.1000, while USD/MAD fell 0.15% to 9.4705.
The US Dollar Index Futures was up 0.14% at 93.88.