Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Chemicals, Hotels, Restaurants & Leisure and Holding Companies sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.74% to hit a new 3-month high.
The biggest gainers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.08% or 7.90 points to trade at 94.90 at the close. Cartier Saada (CS:CRS) added 5.97% or 1.20 points to end at 21.30 and Maghrebail (CS:MAB) was up 5.44% or 40 points to 775 in late trade.
Biggest losers included M2M Group (CS:M2M), which lost 4.52% or 13.40 points to trade at 283.30 in late trade. Sonasid (CS:SOND) declined 4.34% or 14 points to end at 300 and Delattre Levivier Maroc (CS:DLM) shed 2.77% or 4.90 points to 172.00.
Advancing stocks outnumbered falling ones by 27 to 13 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for November delivery was up 2.20% or 1.07 to $49.76 a barrel. Meanwhile, Brent oil for delivery in December rose 2.02% or 1.03 to hit $51.90 a barrel, while the December Gold contract fell 0.39% or 4.90 to trade at $1264.80 a troy ounce.
EUR/MAD was unchanged 0.00% to 10.9040, while USD/MAD fell 0.01% to 9.7305.
The US Dollar Index was up 0.02% at 96.12.