Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Beverage, Software & Computer Services and Pharmaceutical Industry sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.58% to hit a new 6-months high.
The best performers of the session on the Moroccan All Shares were Managem (CS:MNG), which rose 6.00% or 37 points to trade at 657 at the close. Meanwhile, Realis. Mecaniques (CS:SRM) added 5.74% or 10.00 points to end at 184.00 and M2M Group (CS:M2M) was up 5.42% or 14.20 points to 276.00 in late trade.
The worst performers of the session were Risma (CS:RIS), which fell 5.44% or 6.75 points to trade at 117.25 at the close. Stokvis Nord Afrique (CS:SNA) declined 3.84% or 1.00 points to end at 25.00 and Saham Assurance (CS:SAH) was down 3.44% or 33 points to 926.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 24 to 17 and 7 ended unchanged.
Shares in M2M Group (CS:M2M) rose to 52-week highs; rising 5.42% or 14.20 to 276.00.
Crude oil for May delivery was down 3.23% or 1.34 to $40.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.54% or 1.06 to hit $40.73 a barrel, while the April Gold contract fell 1.96% or 24.50 to trade at $1224.10 a troy ounce.
EUR/MAD was unchanged 0.00% to 10.8910, while USD/MAD rose 0.40% to 9.7477.
The US Dollar Index was up 0.52% at 96.17.