Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Forestry & Paper, Hotels, Restaurants & Leisure and Mining sectors propelled shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.48%.
The biggest gainers of the session on the Moroccan All Shares were Managem (CS:MNG), which rose 7.14% or 50 points to trade at 750 at the close. Disway SA (CS:DWY) added 5.24% or 13.90 points to end at 278.90 and Med Paper (CS:PAP) was up 4.86% or 0.65 points to 14.00 in late trade.
Biggest losers included Snep (CS:SNP), which lost 2.70% or 1.99 points to trade at 71.50 in late trade. SMI (CS:SMI) declined 2.69% or 66 points to end at 2382 and Ennakl Automobiles SA (CS:NKL) shed 2.22% or 1.00 points to 44.00.
Advancing stocks outnumbered falling ones by 25 to 15 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for May delivery was down 0.71% or 0.30 to $41.87 a barrel. Meanwhile, Brent oil for delivery in June fell 0.85% or 0.38 to hit $44.31 a barrel, while the June Gold contract fell 0.98% or 12.40 to trade at $1248.50 a troy ounce.
EUR/MAD was down 0.32% to 10.9340, while USD/MAD rose 0.52% to 9.6875.
The US Dollar Index was up 0.74% at 94.72.