Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Real Estate, Insurance and Banking sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.28%.
The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS:SAH), which rose 5.19% or 80 points to trade at 1620 at the close. BMCI (CS:BMCI) added 2.55% or 24 points to end at 964 and Residences Dar Saada SA (CS:RDS) was up 2.38% or 2.90 points to 125.00 in late trade.
Biggest losers included Stroc Industrie (CS:STR), which lost 9.86% or 3.40 points to trade at 31.10 in late trade. Promopharm S.A. (CS:PRO) declined 4.76% or 65 points to end at 1300 and Delattre Levivier Maroc (CS:DLM) shed 4.39% or 7.35 points to 160.10.
Advancing stocks outnumbered falling ones by 15 to 13 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.66% or 0.43 to $65.33 a barrel. Meanwhile, Brent oil for delivery in August fell 0.55% or 0.41 to hit $74.67 a barrel, while the August Gold Futures contract fell 0.27% or 3.50 to trade at $1275.10 a troy ounce.
EUR/MAD was down 0.02% to 11.0600, while USD/MAD fell 0.01% to 9.5445.
The US Dollar Index Futures was up 0.04% at 94.69.