Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Forestry & Paper, Chemicals and Real Estate sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.27% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 4.92% or 1.53 points to trade at 32.60 at the close. Meanwhile, Aluminum du Maroc SA (CS:ALU) added 3.07% or 39 points to end at 1310 and Saham Assurance (CS:SAH) was up 2.90% or 45 points to 1595 in late trade.
The worst performers of the session were CTM (CS:CTM), which fell 4.73% or 40.00 points to trade at 805.00 at the close. S2M (CS:S2M) declined 3.56% or 9.70 points to end at 263.10 and Taqa Morocco SA (CS:TQM) was down 2.17% or 20.70 points to 934.30.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 19 to 8 and 9 ended unchanged.
Crude oil for February delivery was up 0.56% or 0.35 to $63.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.16% or 0.11 to hit $68.93 a barrel, while the February Gold Futures contract rose 0.33% or 4.30 to trade at $1318.00 a troy ounce.
EUR/MAD was up 0.03% to 11.2020, while USD/MAD fell 0.15% to 9.3677.
The US Dollar Index Futures was down 0.23% at 92.02.