Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Forestry & Paper, Banking and Real Estate sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares added 0.29%.
The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.99% or 3.39 points to trade at 37.34 at the close. Meanwhile, Centrale Danone (CS:CDA) added 5.99% or 56 points to end at 996 and Maghreb Oxygene (CS:OXYG) was up 5.98% or 6.70 points to 118.70 in late trade.
The worst performers of the session were Jet Contractors (CS:JET), which fell 7.81% or 13.65 points to trade at 161.15 at the close. Snep (CS:SNP) declined 6.64% or 20.85 points to end at 293.00 and BMCI (CS:BMCI) was down 3.13% or 20 points to 620.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 21 to 20 and 9 ended unchanged.
Shares in Med Paper (CS:PAP) rose to 52-week highs; gaining 9.99% or 3.39 to 37.34. Shares in Maghreb Oxygene (CS:OXYG) rose to 52-week highs; up 5.98% or 6.70 to 118.70.
Crude oil for February delivery was down 0.90% or 0.47 to $52.01 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.69% or 0.38 to hit $55.09 a barrel, while the February Gold contract fell 0.01% or 0.15 to trade at $1212.75 a troy ounce.
EUR/MAD was up 0.18% to 10.7310, while USD/MAD rose 0.45% to 10.0455.
The US Dollar Index was up 0.48% at 100.74.