Morocco shares higher at close of trade; Moroccan All Shares up 0.19%

Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Distributors, Invest Companies&Other Finance and Construction&Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.19%.

The biggest gainers of the session on the Moroccan All Shares were Societe d’Exploitation des Ports SA (CSE:MSA), which rose 4.37% or 22.10 points to trade at 528.10 at the close. Maghreb Oxygene (CSE:MOX) added 4.17% or 10.00 points to end at 250.00 and Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI) was up 3.14% or 18.00 points to 588.00 in late trade.

Biggest losers included Realis. Mecaniques (CSE:SRM), which lost 9.98% or 62.90 points to trade at 567.10 in late trade. Colorado (CSE:COL) declined 5.09% or 2.69 points to end at 50.21 and Total Maroc SA (CSE:TMA) shed 3.57% or 57.00 points to 1,540.00.

Declining stocks outnumbered rising ones by 30 to 16 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 1.03% or 0.70 to $67.42 a barrel. Meanwhile, Brent oil for delivery in January fell 0.93% or 0.67 to hit $71.22 a barrel, while the December Gold Futures contract fell 0.06% or 1.50 to trade at $2,604.80 a troy ounce.

EUR/MAD was up 0.40% to 10.58, while USD/MAD rose 0.29% to 9.95.

The US Dollar Index Futures was up 0.37% at 106.34.