Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Real Estate, Food Producers & Processors and Software & Computer Services sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.14% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were S2M (CS:S2M), which rose 5.96% or 11.25 points to trade at 200.00 at the close. Meanwhile, Oulmes (CS:OULM) added 5.50% or 66 points to end at 1266 and Managem (CS:MNG) was up 4.13% or 20 points to 509 in late trade.
The worst performers of the session were Brasseries Du Maroc (CS:SBM), which fell 5.95% or 112 points to trade at 1768 at the close. CIH (CS:CIH) declined 5.82% or 13.80 points to end at 223.20 and Delta Holding S.A (CS:DHO) was down 3.96% or 0.66 points to 16.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 15 and 3 ended unchanged.
Shares in Brasseries Du Maroc (CS:SBM) fell to 3-years lows; losing 5.95% or 112 to 1768. Shares in Oulmes (CS:OULM) rose to all time highs; rising 5.50% or 66 to 1266. Shares in CIH (CS:CIH) fell to 52-week lows; falling 5.82% or 13.80 to 223.20. Shares in Delta Holding S.A (CS:DHO) fell to all time lows; down 3.96% or 0.66 to 16.00.
Crude oil for March delivery was up 6.84% or 2.04 to $31.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 6.69% or 2.19 to hit $34.91 a barrel, while the April Gold contract rose 1.08% or 12.20 to trade at $1139.40 a troy ounce.
EUR/MAD was up 0.32% to 10.8240, while USD/MAD fell 0.84% to 9.8025.
The US Dollar Index was down 1.30% at 97.58.