Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Forestry & Paper, Mining and Real Estate sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.50%.
The best performers of the session on the Moroccan All Shares were Timar (CS:TIM), which rose 5.99% or 17.75 points to trade at 314.25 at the close. Meanwhile, Managem (CS:MNG) added 4.59% or 40 points to end at 910 and Med Paper (CS:PAP) was up 4.10% or 0.80 points to 20.32 in late trade.
The worst performers of the session were Cartier Saada (CS:CRS), which fell 5.56% or 1.15 points to trade at 19.54 at the close. S2M (CS:S2M) declined 4.82% or 10.45 points to end at 206.55 and Delattre Levivier Maroc (CS:DLM) was down 3.77% or 7.10 points to 181.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 21 to 15 and 8 ended unchanged.
Crude oil for January delivery was down 1.79% or 0.91 to $50.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.37% or 0.74 to hit $53.19 a barrel, while the February Gold contract rose 0.75% or 8.75 to trade at $1178.85 a troy ounce.
EUR/MAD was down 0.09% to 10.7320, while USD/MAD fell 0.45% to 9.9760.
The US Dollar Index was down 0.24% at 100.27.