Morocco shares higher at close of trade; Moroccan All Shares up 0.63%

Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Beverage, Invest Companies&Other Finance and Real Estate sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.63% to hit a new 5-year high.

The biggest gainers of the session on the Moroccan All Shares were Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR), which rose 9.99% or 5.44 points to trade at 59.88 at the close. Akdital SA (CSE:AKT) added 5.02% or 51.00 points to end at 1,067.00 and Taqa Morocco SA (CSE:TQM) was up 4.92% or 64.00 points to 1,364.00 in late trade.

Biggest losers included Residences Dar Saada SA (CSE:RDS), which lost 4.37% or 3.20 points to trade at 70.02 in late trade. CIH (CSE:CIH) declined 3.48% or 14.80 points to end at 410.20 and Fenie Brossette (CSE:FBR) shed 3.09% or 3.55 points to 111.35.

Advancing stocks outnumbered falling ones by 35 to 14 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.09% or 0.78 to $70.78 a barrel. Meanwhile, Brent oil for delivery in December fell 0.79% or 0.59 to hit $73.88 a barrel, while the December Gold Futures contract rose 0.26% or 6.85 to trade at $2,683.85 a troy ounce.

EUR/MAD was up 0.19% to 10.80, while USD/MAD fell 0.16% to 9.66.

The US Dollar Index Futures was up 0.24% at 100.40.