Morocco shares higher at close of trade; Moroccan All Shares up 0.02%

Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Oil & Gas , Hotels, Restaurants & Leisure and Chemicals sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares rose 0.02%.

The biggest gainers of the session on the Moroccan All Shares were Afriquia Gaz (CS: AGAZ1 ), which rose 3.19% or 99 points to trade at 3199 at the close. CIH (CS: CIH ) added 2.23% or 7.00 points to end at 321.00 and Bmce Bank (CS: BMCE ) was up 1.35% or 2.90 points to 217.90 in late trade.

Biggest losers included SMI (CS: SMI ), which lost 5.59% or 184 points to trade at 3106 in late trade. Jet Contractors (CS: JET ) declined 3.34% or 12.85 points to end at 372.10 and Managem (CS: MNG ) shed 3.00% or 50 points to 1614.

Declining stocks outnumbered rising ones by 16 to 16 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was up 3.06% or 2.11 to $71.17 a barrel. Meanwhile, Brent oil for delivery in July rose 3.01% or 2.25 to hit $77.10 a barrel, while the June Gold Futures contract fell 0.08% or 1.00 to trade at $1312.70 a troy ounce.

EUR/MAD was down 0.02% to 11.1510, while USD/MAD rose 0.05% to 9.4052.

The US Dollar Index Futures was down 0.01% at 92.93.