Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Forestry & Paper, Real Estate and Distributors sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.09%.
The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 6.46% or 1.55 points to trade at 25.55 at the close. Stroc Industrie (CS:STR) added 6.00% or 1.50 points to end at 26.50 and Auto Hall (CS:AUTO) was up 5.27% or 3.95 points to 78.95 in late trade.
Biggest losers included Wafa Assurance (CS:WASS), which lost 2.98% or 125 points to trade at 4075 in late trade. Snep (CS:SNP) declined 2.46% or 10.80 points to end at 429.00 and Total Maroc SA (CS:TMA) shed 1.96% or 21.0 points to 1050.0.
Declining stocks outnumbered rising ones by 15 to 14 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was up 2.90% or 1.35 to $47.95 a barrel. Meanwhile, Brent oil for delivery in February rose 2.29% or 1.29 to hit $57.55 a barrel, while the February Gold Futures contract rose 0.42% or 5.30 to trade at $1258.90 a troy ounce.
EUR/MAD was up 0.06% to 10.8890, while USD/MAD fell 0.42% to 9.5353.
The US Dollar Index Futures was down 0.46% at 96.123.