Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Forestry & Paper, Telecoms and Chemicals sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.84% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Maghreb Oxygene (CS:OXYG), which rose 6.00% or 6.00 points to trade at 106.00 at the close. Meanwhile, Involys (CS:INV) added 5.98% or 7.30 points to end at 129.30 and Cartier Saada (CS:CRS) was up 4.93% or 1.00 points to 21.26 in late trade.
The worst performers of the session were M2M Group (CS:M2M), which fell 4.89% or 10.45 points to trade at 213.50 at the close. SMI (CS:SMI) declined 4.26% or 119 points to end at 2670 and Delta Holding S.A (CS:DHO) was down 2.87% or 0.80 points to 27.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 22 to 20 and 5 ended unchanged.
Shares in Cartier Saada (CS:CRS) rose to 5-year highs; gaining 4.93% or 1.00 to 21.26.
Crude oil for September delivery was up 2.01% or 0.91 to $46.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.02% or 0.51 to hit $50.02 a barrel, while the December Gold contract rose 0.20% or 2.20 to trade at $1091.60 a troy ounce.
EUR/MAD was up 0.03% to 10.7870, while USD/MAD fell 0.15% to 9.8329.
The US Dollar Index was down 0.08% at 97.53.