Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Hotels, Restaurants & Leisure, Utilities and Real Estate sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares gained 1.57%.
The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 9.95% or 10 points to trade at 106 at the close. Meanwhile, Total Maroc SA (CS:TMA) added 7.62% or 99.0 points to end at 1399.0 and Promopharm S.A. (CS:PRO) was up 6.61% or 80 points to 1290 in late trade.
The worst performers of the session were Stokvis Nord Afrique (CS:SNA), which fell 3.37% or 0.79 points to trade at 22.68 at the close. Fenie Brossette (CS:FBR) declined 3.02% or 2.75 points to end at 88.25 and Stroc Industrie (CS:STR) was down 2.98% or 1.50 points to 48.90.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 35 to 12 and 4 ended unchanged.
Shares in Alliances (CS:ADI) rose to 52-week highs; gaining 9.95% or 10 to 106. Shares in Total Maroc SA (CS:TMA) rose to all time highs; gaining 7.62% or 99.0 to 1399.0.
Crude oil for February delivery was up 1.53% or 0.80 to $53.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.44% or 0.80 to hit $56.27 a barrel, while the February Gold contract rose 0.33% or 3.80 to trade at $1165.80 a troy ounce.
EUR/MAD was up 0.01% to 10.6180, while USD/MAD fell 0.62% to 10.1370.
The US Dollar Index was down 0.60% at 102.62.