Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Utilities, Pharmaceutical Industry and Mining sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.26%.
The biggest gainers of the session on the Moroccan All Shares were Promopharm S.A. (CS:PRO), which rose 9.97% or 135 points to trade at 1489 at the close. M2M Group (CS:M2M) added 5.81% or 15.35 points to end at 279.35 and Managem (CS:MNG) was up 5.49% or 44 points to 843 in late trade.
Biggest losers included Disway SA (CS:DWY), which lost 4.14% or 11.45 points to trade at 265.05 in late trade. CTM (CS:CTM) declined 1.94% or 10.90 points to end at 549.00 and Alliances (CS:ADI) shed 1.90% or 1 points to 64.
Advancing stocks outnumbered falling ones by 16 to 12 and 7 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for July delivery was down 0.49% or 0.24 to $48.86 a barrel. Meanwhile, Brent oil for delivery in August fell 0.46% or 0.23 to hit $49.66 a barrel, while the August Gold contract fell 0.59% or 7.15 to trade at $1210.35 a troy ounce.
EUR/MAD was up 0.18% to 10.8900, while USD/MAD fell 0.19% to 9.7480.
The US Dollar Index was down 0.32% at 95.52.