Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Food Producers & Processors, Insurance and Holding Companies sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.48%.
The biggest gainers of the session on the Moroccan All Shares were Promopharm S.A. (CS:PRO), which rose 5.95% or 86 points to trade at 1531 at the close. Wafa Assurance (CS:WASS) added 5.46% or 189 points to end at 3649 and Cosumar (CS:CSMR) was up 5.21% or 10 points to 200 in late trade.
Biggest losers included CDM (CS:CDM), which lost 5.99% or 26 points to trade at 410 in late trade. Snep (CS:SNP) declined 5.95% or 5.48 points to end at 86.51 and Cartier Saada (CS:CRS) shed 4.37% or 0.87 points to 19.00.
Advancing stocks outnumbered falling ones by 21 to 15 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for June delivery was up 0.93% or 0.45 to $48.76 a barrel. Meanwhile, Brent oil for delivery in July rose 0.57% or 0.28 to hit $49.56 a barrel, while the June Gold contract fell 0.26% or 3.35 to trade at $1273.55 a troy ounce.
EUR/MAD was down 0.09% to 10.9130, while USD/MAD rose 0.40% to 9.6930.
The US Dollar Index was up 0.19% at 94.73.