Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Holding Companies, Distributors and Real Estate sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.54%.
The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 7.34% or 7 points to trade at 101 at the close. Meanwhile, Managem (CS:MNG) added 4.60% or 57 points to end at 1297 and Taqa Morocco SA (CS:TQM) was up 4.47% or 38.00 points to 889.00 in late trade.
The worst performers of the session were Stroc Industrie (CS:STR), which fell 9.97% or 2.94 points to trade at 26.56 at the close. IB Maroc Com SA (CS:IBC) declined 9.95% or 6.95 points to end at 62.90 and Med Paper (CS:PAP) was down 7.56% or 1.70 points to 20.80.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 18 to 12 and 5 ended unchanged.
Shares in Stroc Industrie (CS:STR) fell to all time lows; down 9.97% or 2.94 to 26.56. Shares in IB Maroc Com SA (CS:IBC) fell to 52-week lows; falling 9.95% or 6.95 to 62.90.
Crude oil for September delivery was up 1.39% or 0.95 to $69.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.72% or 0.53 to hit $73.97 a barrel, while the August Gold Futures contract rose 0.36% or 4.40 to trade at $1229.90 a troy ounce.
EUR/MAD was up 0.01% to 11.0450, while USD/MAD rose 0.01% to 9.4552.
The US Dollar Index Futures was down 0.08% at 94.31.