Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Invest Companies & Other Finance, Distributors and Banking sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.96% to hit a new 52-week high.
The best performers of the session on the Moroccan All Shares were Societe Equipement Domestique et Menager SA (CSE:EQD), which rose 6.69% or 72.00 points to trade at 1,149.00 at the close. Meanwhile, Societe d’Exploitation des Ports SA (CSE:MSA) added 6.51% or 22.00 points to end at 360.00 and Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) was up 5.68% or 34.60 points to 644.00 in late trade.
The worst performers of the session were Nationale d’Electrolyse et de Petrochimie Ste SA (CSE:SNP), which fell 2.86% or 15.00 points to trade at 510.00 at the close. CDM (CSE:CDM) declined 2.76% or 25.00 points to end at 880.00 and Cartier Saada (CSE:CRS) was down 2.52% or 0.78 points to 30.22.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 28 to 22 and 10 ended unchanged.
Shares in Societe d’Exploitation des Ports SA (CSE:MSA) rose to all time highs; gaining 6.51% or 22.00 to 360.00. Shares in Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) rose to 52-week highs; up 5.68% or 34.60 to 644.00.
Crude oil for September delivery was up 1.93% or 1.54 to $81.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.52% or 1.27 to hit $85.00 a barrel, while the August Gold Futures contract fell 0.14% or 3.45 to trade at $2,464.35 a troy ounce.
EUR/MAD was up 0.35% to 10.74, while USD/MAD unchanged 0.00% to 9.83.
The US Dollar Index Futures was down 0.39% at 103.55.