Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Food Producers & Processors, Mining and Holding Companies sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.25%.
The biggest gainers of the session on the Moroccan All Shares were Cosumar (CS:CSMR), which rose 9.98% or 24 points to trade at 264 at the close. M2M Group (CS:M2M) added 6.54% or 18.30 points to end at 298.30 and Managem (CS:MNG) was up 5.07% or 42 points to 870 in late trade.
Biggest losers included Eqdom (CS:EQDM), which lost 5.80% or 58 points to trade at 942 in late trade. Risma (CS:RIS) declined 3.63% or 3.70 points to end at 98.30 and Snep (CS:SNP) shed 3.19% or 3.00 points to 91.00.
Declining stocks outnumbered rising ones by 21 to 16 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for December delivery was up 1.58% or 0.71 to $45.69 a barrel. Meanwhile, Brent oil for delivery in January rose 1.50% or 0.69 to hit $46.73 a barrel, while the December Gold contract rose 0.63% or 8.05 to trade at $1282.55 a troy ounce.
EUR/MAD was down 0.46% to 10.8060, while USD/MAD rose 0.38% to 9.8697.
The US Dollar Index was up 0.42% at 98.29.