Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Holding Companies, Distributors and Real Estate sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.54%.
The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 7.34% or 7 points to trade at 101 at the close. Managem (CS:MNG) added 4.60% or 57 points to end at 1297 and Taqa Morocco SA (CS:TQM) was up 4.47% or 38.00 points to 889.00 in late trade.
Biggest losers included Stroc Industrie (CS:STR), which lost 9.97% or 2.94 points to trade at 26.56 in late trade. IB Maroc Com SA (CS:IBC) declined 9.95% or 6.95 points to end at 62.90 and Med Paper (CS:PAP) shed 7.56% or 1.70 points to 20.80.
Advancing stocks outnumbered falling ones by 18 to 12 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for September delivery was up 1.39% or 0.95 to $69.47 a barrel. Meanwhile, Brent oil for delivery in September rose 0.76% or 0.56 to hit $74.00 a barrel, while the August Gold Futures contract rose 0.36% or 4.40 to trade at $1229.90 a troy ounce.
EUR/MAD was up 0.01% to 11.0450, while USD/MAD rose 0.01% to 9.4552.
The US Dollar Index Futures was down 0.08% at 94.31.