Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Construction & Building Materials, Hotels, Restaurants & Leisure and Real Estate sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 1.74%.
The biggest gainers of the session on the Moroccan All Shares were Maghreb Oxygene (CS:OXYG), which rose 5.99% or 5.22 points to trade at 92.24 at the close. Lafarge Ciments (CS:LAC) added 5.91% or 92 points to end at 1647 and Promopharm S.A. (CS:PRO) was up 5.55% or 50 points to 950 in late trade.
Biggest losers included Fenie Brossette (CS:FBR), which lost 6.00% or 5.82 points to trade at 91.18 in late trade. Micro Data SA (CS:MIC) declined 4.95% or 7.30 points to end at 140.00 and Taqa Morocco SA (CS:TQM) shed 1.31% or 8.00 points to 601.00.
Advancing stocks outnumbered falling ones by 27 to 11 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for April delivery was down 0.47% or 0.16 to $34.24 a barrel. Meanwhile, Brent oil for delivery in May fell 0.65% or 0.24 to hit $36.57 a barrel, while the April Gold contract rose 0.77% or 9.50 to trade at $1240.30 a troy ounce.
EUR/MAD was down 0.23% to 10.7430, while USD/MAD rose 0.08% to 9.9214.
The US Dollar Index was up 0.11% at 98.45.