Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Transport, Pharmaceutical Industry and Utilities sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.38% to hit a new 3-months high.
The best performers of the session on the Moroccan All Shares were Aluminum du Maroc SA (CS:ALU), which rose 8.34% or 127 points to trade at 1649 at the close. Meanwhile, CTM (CS:CTM) added 8.30% or 69.00 points to end at 900.00 and Sothema (CS:SOT) was up 5.94% or 95 points to 1695 in late trade.
The worst performers of the session were Fenie Brossette (CS:FBR), which fell 9.99% or 8.74 points to trade at 78.74 at the close. Stroc Industrie (CS:STR) declined 7.87% or 2.03 points to end at 23.77 and Med Paper (CS:PAP) was down 6.17% or 1.38 points to 21.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 22 to 20 and 5 ended unchanged.
Shares in Fenie Brossette (CS:FBR) fell to all time lows; down 9.99% or 8.74 to 78.74.
Crude oil for March delivery was up 2.87% or 1.53 to $54.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.98% or 1.21 to hit $62.41 a barrel, while the February Gold Futures contract rose 0.07% or 0.95 to trade at $1309.85 a troy ounce.
EUR/MAD was up 0.03% to 10.8877, while USD/MAD rose 0.15% to 9.5372.
The US Dollar Index Futures was up 0.11% at 95.618.