Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Real Estate, Holding Companies and Insurance sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.72%.
The best performers of the session on the Moroccan All Shares were Wafa Assurance (CS:WASS), which rose 5.97% or 203 points to trade at 3598 at the close. Meanwhile, IB Maroc Com SA (CS:IBC) added 5.96% or 5.79 points to end at 102.80 and Involys (CS:INV) was up 5.91% or 7.10 points to 127.10 in late trade.
The worst performers of the session were Afriquia Gaz (CS:AGAZ1), which fell 4.44% or 100 points to trade at 2150 at the close. Risma (CS:RIS) declined 3.48% or 3.90 points to end at 108.00 and Jet Contractors (CS:JET) was down 3.01% or 5.00 points to 161.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 22 to 11 and 4 ended unchanged.
Crude oil for August delivery was down 4.34% or 2.03 to $44.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 4.50% or 2.18 to hit $46.29 a barrel, while the August Gold contract rose 0.60% or 7.95 to trade at $1343.25 a troy ounce.
EUR/MAD was up 0.21% to 10.8730, while USD/MAD fell 0.20% to 9.7850.
The US Dollar Index was down 0.39% at 96.17.