Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Chemicals, Hotels, Restaurants & Leisure and Forestry & Paper sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.02%.
The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 9.99% or 15 points to trade at 165 at the close. Meanwhile, Snep (CS:SNP) added 9.99% or 35.45 points to end at 390.45 and Involys (CS:INV) was up 9.97% or 12.05 points to 132.90 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 6.00% or 14.40 points to trade at 225.75 at the close. Rebab Company (CS:REBA) declined 5.96% or 7.75 points to end at 122.25 and CDM (CS:CDM) was down 5.38% or 28 points to 502.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 17 and 9 ended unchanged.
Shares in Alliances (CS:ADI) rose to 52-week highs; rising 9.99% or 15 to 165. Shares in Snep (CS:SNP) rose to 5-year highs; up 9.99% or 35.45 to 390.45. Shares in Rebab Company (CS:REBA) fell to 52-week lows; falling 5.96% or 7.75 to 122.25. Shares in Involys (CS:INV) rose to 52-week highs; rising 9.97% or 12.05 to 132.90.
Crude oil for March delivery was down 0.28% or 0.15 to $53.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.36% or 0.20 to hit $55.77 a barrel, while the April Gold Futures contract rose 0.51% or 6.25 to trade at $1231.65 a troy ounce.
EUR/MAD was up 0.03% to 10.6880, while USD/MAD fell 0.07% to 10.0943.
The US Dollar Index Futures was down 0.07% at 101.13.