Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Real Estate, Forestry & Paper and Oil & Gas sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.37%.
The best performers of the session on the Moroccan All Shares were AFMA SA (CS:AFM), which rose 9.44% or 85 points to trade at 985 at the close. Meanwhile, Marsa Maroc SA (CS:MSA) added 7.20% or 9.20 points to end at 137.00 and Maroc Leasing (CS:MLE) was up 5.95% or 22.00 points to 392.00 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 4.55% or 10.00 points to trade at 209.95 at the close. Wafa Assurance (CS:WASS) declined 4.19% or 197 points to end at 4500 and Oulmes (CS:OULM) was down 2.94% or 47 points to 1553.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 23 to 16 and 10 ended unchanged.
Shares in AFMA SA (CS:AFM) rose to all time highs; gaining 9.44% or 85 to 985.
Crude oil for May delivery was up 1.57% or 0.75 to $48.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.20% or 0.61 to hit $51.51 a barrel, while the April Gold Futures contract fell 0.12% or 1.55 to trade at $1254.15 a troy ounce.
EUR/MAD was down 0.13% to 10.7890, while USD/MAD rose 0.16% to 9.9579.
The US Dollar Index Futures was up 0.25% at 99.28.