Morocco stocks higher at close of trade; Moroccan All Shares up 0.63%

Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Beverage , Invest Companies & Other Finance and Real Estate sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.63% to hit a new 5-year high.

The best performers of the session on the Moroccan All Shares were Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR ), which rose 9.99% or 5.44 points to trade at 59.88 at the close. Meanwhile, Akdital SA (CSE:AKT ) added 5.02% or 51.00 points to end at 1,067.00 and Taqa Morocco SA (CSE:TQM ) was up 4.92% or 64.00 points to 1,364.00 in late trade.

The worst performers of the session were Residences Dar Saada SA (CSE:RDS ), which fell 4.37% or 3.20 points to trade at 70.02 at the close. CIH (CSE:CIH ) declined 3.48% or 14.80 points to end at 410.20 and Fenie Brossette (CSE:FBR ) was down 3.09% or 3.55 points to 111.35.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 35 to 14 and 4 ended unchanged.

Shares in Akdital SA (CSE:AKT ) rose to all time highs; gaining 5.02% or 51.00 to 1,067.00.

Crude oil for November delivery was down 1.01% or 0.72 to $70.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.70% or 0.52 to hit $73.95 a barrel, while the December Gold Futures contract rose 0.28% or 7.40 to trade at $2,684.40 a troy ounce.

EUR/MAD was up 0.19% to 10.80, while USD/MAD fell 0.16% to 9.66.

The US Dollar Index Futures was up 0.20% at 100.36.

Source: Investing.com