Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Chemicals, Software & Computer Services and Banking sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.11% to hit a new 3-month high.
The biggest gainers of the session on the Moroccan All Shares were Sonasid (CS:SOND), which rose 5.66% or 20 points to trade at 371 at the close. Hps (CS:HPS) added 5.54% or 32.00 points to end at 609.00 and Afric Industries Sa (CS:AFIND) was up 4.70% or 15.50 points to 345.00 in late trade.
Biggest losers included Alliances (CS:ADI), which lost 10.00% or 6 points to trade at 58 in late trade. Fenie Brossette (CS:FBR) declined 5.71% or 6.00 points to end at 99.00 and Med Paper (CS:PAP) shed 5.68% or 0.82 points to 13.60.
Declining stocks outnumbered rising ones by 26 to 18 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for April delivery was up 4.18% or 1.52 to $37.86 a barrel. Meanwhile, Brent oil for delivery in May rose 3.07% or 1.19 to hit $39.93 a barrel, while the April Gold contract fell 0.08% or 1.00 to trade at $1230.00 a troy ounce.
EUR/MAD was up 0.08% to 10.8580, while USD/MAD rose 0.08% to 9.7894.
The US Dollar Index was up 0.22% at 96.87.