Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Software & Computer Services, Insurance and Telecoms sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.33%.
The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 10.00% or 5 points to trade at 54 at the close. Meanwhile, Disway (CS:DWAY) added 5.75% or 11.50 points to end at 211.50 and Maghrebail (CS:MAB) was up 5.64% or 42 points to 795 in late trade.
The worst performers of the session were Maghreb Oxygene (CS:OXYG), which fell 6.00% or 6.30 points to trade at 98.70 at the close. Promopharm S.A. (CS:PRO) declined 5.42% or 46 points to end at 802 and Stroc Industrie (CS:STR) was down 4.48% or 3.90 points to 83.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 20 to 15 and 5 ended unchanged.
Shares in Maghreb Oxygene (CS:OXYG) fell to all time lows; losing 6.00% or 6.30 to 98.70.
Crude oil for August delivery was down 2.31% or 1.21 to $51.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.03% or 0.58 to hit $56.27 a barrel, while the August Gold contract rose 0.75% or 8.60 to trade at $1161.20 a troy ounce.
EUR/MAD was up 0.18% to 10.8180, while USD/MAD fell 0.23% to 9.7850.
The US Dollar Index was down 0.54% at 96.36.