Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Real Estate, Telecoms and Forestry & Paper sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 0.65% to hit a new 1-month high.
The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 6.13% or 4 points to trade at 69 at the close. Meanwhile, Residences Dar Saada SA (CS:RDS) added 3.05% or 5.40 points to end at 181.90 and Salafin (CS:SLF) was up 2.53% or 20 points to 800 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 5.99% or 21.15 points to trade at 331.60 at the close. Managem (CS:MNG) declined 5.90% or 49 points to end at 781 and Fenie Brossette (CS:FBR) was down 5.47% or 5.34 points to 92.11.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 21 to 18 and 7 ended unchanged.
Shares in Salafin (CS:SLF) rose to 5-year highs; rising 2.53% or 20 to 800.
Crude oil for June delivery was up 3.05% or 1.30 to $43.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.78% or 1.23 to hit $45.55 a barrel, while the June Gold contract rose 0.21% or 2.65 to trade at $1242.85 a troy ounce.
EUR/MAD was up 0.07% to 10.9370, while USD/MAD fell 0.15% to 9.6825.
The US Dollar Index was down 0.23% at 94.52.