Morocco shares higher at close of trade; Moroccan All Shares up 0.92%

Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Real Estate, Banking and Pharmaceutical Industry sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.92%.

The biggest gainers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM), which rose 5.46% or 23.30 points to trade at 449.85 at the close. Taqa Morocco SA (CSE:TQM) added 3.23% or 50.00 points to end at 1,599.00 and Jet Contractors (CSE:JET) was up 3.13% or 36.00 points to 1,186.00 in late trade.

Biggest losers included Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI), which lost 6.02% or 36.00 points to trade at 560.00 in late trade. Cartier Saada (CSE:CRS) declined 5.47% or 1.98 points to end at 34.25 and SMI (CSE:SMI) shed 3.00% or 65.00 points to 2,105.00.

Advancing stocks outnumbered falling ones by 26 to 18 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.82% or 0.60 to $72.97 a barrel. Meanwhile, Brent oil for delivery in December fell 0.97% or 0.75 to hit $76.43 a barrel, while the December Gold Futures contract fell 0.05% or 1.40 to trade at $2,634.00 a troy ounce.

EUR/MAD was down 0.10% to 10.76, while USD/MAD rose 0.06% to 9.81.

The US Dollar Index Futures was up 0.21% at 102.51.