Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Utilities, Pharmaceutical Industry and Mining sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.26%.
The best performers of the session on the Moroccan All Shares were Promopharm S.A. (CS:PRO), which rose 9.97% or 135 points to trade at 1489 at the close. Meanwhile, M2M Group (CS:M2M) added 5.81% or 15.35 points to end at 279.35 and Managem (CS:MNG) was up 5.49% or 44 points to 843 in late trade.
The worst performers of the session were Disway SA (CS:DWY), which fell 4.14% or 11.45 points to trade at 265.05 at the close. CTM (CS:CTM) declined 1.94% or 10.90 points to end at 549.00 and Alliances (CS:ADI) was down 1.90% or 1 points to 64.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 16 to 12 and 7 ended unchanged.
Crude oil for July delivery was down 0.47% or 0.23 to $48.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.46% or 0.23 to hit $49.66 a barrel, while the August Gold contract fell 0.59% or 7.15 to trade at $1210.35 a troy ounce.
EUR/MAD was up 0.18% to 10.8900, while USD/MAD fell 0.19% to 9.7480.
The US Dollar Index was down 0.32% at 95.52.