Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Transport, Invest Companies & Other Finance and Construction & Building Materials sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.35% to hit a new 5-year high.
The best performers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 9.90% or 38.90 points to trade at 431.90 at the close. Meanwhile, S2M (CS:S2M) added 6.04% or 18.10 points to end at 318.00 and Zellidja S.A (CS:ZELI) was up 6.00% or 8.35 points to 147.60 in late trade.
The worst performers of the session were Douja Prom Addoha (CS:ADH), which fell 1.58% or 0.56 points to trade at 34.90 at the close. CIH (CS:CIH) declined 1.55% or 4.50 points to end at 285.00 and Alliances (CS:ADI) was down 1.38% or 3 points to 208.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 28 to 15 and 9 ended unchanged.
Shares in M2M Group (CS:M2M) rose to 5-year highs; up 9.90% or 38.90 to 431.90. Shares in S2M (CS:S2M) rose to 5-year highs; gaining 6.04% or 18.10 to 318.00.
Crude oil for March delivery was up 0.65% or 0.42 to $64.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.09% or 0.06 to hit $69.90 a barrel, while the February Gold Futures contract rose 1.22% or 16.30 to trade at $1353.00 a troy ounce.
EUR/MAD was up 0.27% to 11.3490, while USD/MAD fell 0.50% to 9.1590.
The US Dollar Index Futures was down 0.85% at 89.12.