Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Forestry & Paper, Pharmaceutical Industry and Hotels, Restaurants & Leisure sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.61% to hit a new 6-months high.
The best performers of the session on the Moroccan All Shares were Sothema (CS:SOT), which rose 5.92% or 77 points to trade at 1377 at the close. Meanwhile, Managem (CS:MNG) added 5.63% or 44 points to end at 825 and Med Paper (CS:PAP) was up 5.14% or 0.73 points to 14.93 in late trade.
The worst performers of the session were Zellidja S.A (CS:ZELI), which fell 5.98% or 9.10 points to trade at 142.90 at the close. Disway SA (CS:DWY) declined 5.63% or 15.00 points to end at 251.05 and Promopharm S.A. (CS:PRO) was down 4.25% or 59 points to 1326.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 16 to 16 and 12 ended unchanged.
Shares in Sothema (CS:SOT) rose to 52-week highs; gaining 5.92% or 77 to 1377.
Crude oil for June delivery was up 1.91% or 0.84 to $44.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.15% or 0.98 to hit $46.56 a barrel, while the June Gold contract rose 0.56% or 6.95 to trade at $1250.35 a troy ounce.
EUR/MAD was up 0.30% to 10.9470, while USD/MAD rose 0.10% to 9.6705.
The US Dollar Index was down 0.05% at 94.40.