Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Hotels, Restaurants & Leisure, Utilities and Real Estate sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares rose 1.57%.
The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 9.95% or 10 points to trade at 106 at the close. Total Maroc SA (CS:TMA) added 7.62% or 99.0 points to end at 1399.0 and Promopharm S.A. (CS:PRO) was up 6.61% or 80 points to 1290 in late trade.
Biggest losers included Stokvis Nord Afrique (CS:SNA), which lost 3.37% or 0.79 points to trade at 22.68 in late trade. Fenie Brossette (CS:FBR) declined 3.02% or 2.75 points to end at 88.25 and Stroc Industrie (CS:STR) shed 2.98% or 1.50 points to 48.90.
Advancing stocks outnumbered falling ones by 35 to 12 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was up 1.51% or 0.79 to $53.12 a barrel. Meanwhile, Brent oil for delivery in March rose 1.46% or 0.81 to hit $56.28 a barrel, while the February Gold contract rose 0.33% or 3.85 to trade at $1165.85 a troy ounce.
EUR/MAD was up 0.01% to 10.6180, while USD/MAD fell 0.62% to 10.1370.
The US Dollar Index was down 0.60% at 102.62.