Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Mining, Forestry & Paper and Oil & Gas sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.20% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Taslif (CS:TSF1), which rose 5.98% or 2.05 points to trade at 36.29 at the close. Meanwhile, Managem (CS:MNG) added 5.05% or 43 points to end at 893 and Ennakl (CS:NAKL) was up 4.45% or 1.72 points to 40.32 in late trade.
The worst performers of the session were Maghrebail (CS:MAB), which fell 6.00% or 42 points to trade at 658 at the close. Involys (CS:INV) declined 5.98% or 7.70 points to end at 121.00 and Stroc Industrie (CS:STR) was down 5.82% or 4.95 points to 80.05.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 19 to 17 and 1 ended unchanged.
Shares in Involys (CS:INV) fell to 52-week lows; down 5.98% or 7.70 to 121.00. Shares in Stroc Industrie (CS:STR) fell to 52-week lows; falling 5.82% or 4.95 to 80.05.
Crude oil for August delivery was down 2.38% or 1.26 to $51.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.86% or 1.09 to hit $57.59 a barrel, while the August Gold contract fell 0.79% or 9.10 to trade at $1144.40 a troy ounce.
EUR/MAD was down 0.31% to 10.7760, while USD/MAD rose 0.13% to 9.8172.
The US Dollar Index was up 0.45% at 97.25.