Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Construction & Building Materials, Real Estate and Insurance sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 1.15%.
The best performers of the session on the Moroccan All Shares were CDM (CS:CDM), which rose 9.95% or 40 points to trade at 440 at the close. Meanwhile, Total Maroc SA (CS:TMA) added 5.86% or 37.0 points to end at 668.0 and CIH (CS:CIH) was up 5.67% or 14.50 points to 270.00 in late trade.
The worst performers of the session were Realis. Mecaniques (CS:SRM), which fell 5.75% or 14.35 points to trade at 235.00 at the close. Jet Contractors (CS:JET) declined 4.97% or 8.90 points to end at 170.00 and M2M Group (CS:M2M) was down 4.44% or 13.65 points to 293.30.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 18 and 6 ended unchanged.
Shares in Total Maroc SA (CS:TMA) rose to all time highs; gaining 5.86% or 37.0 to 668.0.
Crude oil for May delivery was up 5.15% or 1.85 to $37.74 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 5.07% or 1.92 to hit $39.79 a barrel, while the June Gold contract fell 0.45% or 5.50 to trade at $1224.10 a troy ounce.
EUR/MAD was up 0.11% to 10.9810, while USD/MAD fell 0.17% to 9.6200.
The US Dollar Index was down 0.24% at 94.38.