Morocco stocks higher at close of trade; Moroccan All Shares up 1.25%

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Banking , Beverage and Transport sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 1.25% to hit a new all time high.

The best performers of the session on the Moroccan All Shares were Residences Dar Saada SA (CSE:RDS ), which rose 9.99% or 8.14 points to trade at 89.64 at the close. Meanwhile, Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI ) added 6.45% or 40.00 points to end at 660.00 and Wafa Assurance (CSE:WAA ) was up 5.86% or 254.00 points to 4,590.00 in late trade.

The worst performers of the session were Colorado (CSE:COL ), which fell 2.43% or 1.46 points to trade at 58.54 at the close. Disty Technologies SA (CSE:DYT ) declined 2.14% or 7.00 points to end at 320.00 and Realis. Mecaniques (CSE:SRM ) was down 1.92% or 7.90 points to 403.10.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 38 to 15 and 9 ended unchanged.

Shares in Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI ) rose to 52-week highs; rising 6.45% or 40.00 to 660.00.

Crude oil for February delivery was up 0.13% or 0.10 to $74.35 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.09% or 0.07 to hit $77.12 a barrel, while the February Gold Futures contract rose 0.54% or 14.49 to trade at $2,679.89 a troy ounce.

EUR/MAD was down 0.53% to 10.36, while USD/MAD rose 0.36% to 10.07.

The US Dollar Index Futures was up 0.51% at 108.93.

Source: Investing.com