Morocco stocks higher at close of trade; Moroccan All Shares up 0.92%

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

At the close in Casablanca, the Moroccan All Shares gained 0.92%.

The best performers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM ), which rose 5.46% or 23.30 points to trade at 449.85 at the close. Meanwhile, Taqa Morocco SA (CSE:TQM ) added 3.23% or 50.00 points to end at 1,599.00 and Jet Contractors (CSE:JET ) was up 3.13% or 36.00 points to 1,186.00 in late trade.

The worst performers of the session were Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI ), which fell 6.02% or 36.00 points to trade at 560.00 at the close. Cartier Saada (CSE:CRS ) declined 5.47% or 1.98 points to end at 34.25 and SMI (CSE:SMI ) was down 3.00% or 65.00 points to 2,105.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 26 to 18 and 6 ended unchanged.

Shares in Taqa Morocco SA (CSE:TQM ) rose to all time highs; rising 3.23% or 50.00 to 1,599.00.

Crude oil for November delivery was down 0.90% or 0.66 to $72.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.06% or 0.82 to hit $76.36 a barrel, while the December Gold Futures contract fell 0.07% or 1.90 to trade at $2,633.50 a troy ounce.

EUR/MAD was down 0.10% to 10.76, while USD/MAD rose 0.06% to 9.81.

The US Dollar Index Futures was up 0.22% at 102.53.

Source: Investing.com