Morocco stocks higher at close of trade; Moroccan All Shares up 0.07%

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Transport , Real Estate and Pharmaceutical Industry sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.07% to hit a new all time high.

The best performers of the session on the Moroccan All Shares were CFG Bank SA (CSE:CFG ), which rose 4.48% or 9.05 points to trade at 211.00 at the close. Meanwhile, Stokvis Nord Afrique (CSE:SNA ) added 3.94% or 0.58 points to end at 15.30 and Alliances (CSE:ADI ) was up 3.20% or 11.90 points to 383.90 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE:SRM ), which fell 9.97% or 47.55 points to trade at 429.50 at the close. Cartier Saada (CSE:CRS ) declined 6.30% or 2.20 points to end at 32.70 and Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR ) was down 4.93% or 2.39 points to 46.10.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 25 and 7 ended unchanged.

Shares in CFG Bank SA (CSE:CFG ) rose to all time highs; gaining 4.48% or 9.05 to 211.00. Shares in Alliances (CSE:ADI ) rose to 5-year highs; gaining 3.20% or 11.90 to 383.90.

Crude oil for January delivery was up 0.32% or 0.22 to $69.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.18% or 0.13 to hit $73.44 a barrel, while the December Gold Futures contract rose 0.71% or 18.70 to trade at $2,649.70 a troy ounce.

EUR/MAD was down 0.08% to 10.54, while USD/MAD rose 0.16% to 9.99.

The US Dollar Index Futures was up 0.50% at 106.68.

Source: Investing.com

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