Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Mining, Distributors and Construction & Building Materials sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.20%.
The best performers of the session on the Moroccan All Shares were Managem (CSE:MNG), which rose 7.39% or 170.00 points to trade at 2,470.00 at the close. Meanwhile, CDM (CSE:CDM) added 5.98% or 52.00 points to end at 922.00 and S2M (CSE:S2M) was up 5.93% or 9.90 points to 176.95 in late trade.
The worst performers of the session were Afriquia Gaz (CSE:GAZ), which fell 3.12% or 129.00 points to trade at 4,000.00 at the close. Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP) declined 2.85% or 14.80 points to end at 505.10 and CTM (CSE:CTM) was down 2.42% or 15.90 points to 642.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 25 to 19 and 7 ended unchanged.
Shares in Managem (CSE:MNG) rose to 52-week highs; up 7.39% or 170.00 to 2,470.00. Shares in CDM (CSE:CDM) rose to 5-year highs; up 5.98% or 52.00 to 922.00.
Crude oil for August delivery was up 0.55% or 0.44 to $81.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.59% or 0.50 to hit $85.83 a barrel, while the August Gold Futures contract fell 0.25% or 5.90 to trade at $2,341.00 a troy ounce.
EUR/MAD was up 0.11% to 10.72, while USD/MAD fell 0.19% to 9.98.
The US Dollar Index Futures was down 0.06% at 104.81.