Morocco shares higher at close of trade; Moroccan All Shares up 0.19%

Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Forestry & Paper , Chemicals and Construction & Building Materials sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares gained 0.19%.

The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CS: CRS ), which rose 9.90% or 3.89 points to trade at 43.19 at the close. Auto Hall (CS: AUTO ) added 5.41% or 3.79 points to end at 73.89 and Unimer (CS: UMR ) was up 5.04% or 8.50 points to 177.00 in late trade.

Biggest losers included BMCI (CS: BMCI ), which lost 5.50% or 40 points to trade at 691 in late trade. Wafa Assurance (CS: WASS ) declined 4.63% or 186 points to end at 3830 and Managem (CS: MNG ) shed 4.24% or 46 points to 1040.

Advancing stocks outnumbered falling ones by 15 to 13 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.76% or 0.41 to $54.07 a barrel. Meanwhile, Brent oil for delivery in April rose 1.06% or 0.66 to hit $62.64 a barrel, while the April Gold Futures contract fell 0.22% or 2.85 to trade at $1316.35 a troy ounce.

EUR/MAD was down 0.22% to 10.8614, while USD/MAD rose 0.06% to 9.5443.

The US Dollar Index Futures was up 0.19% at 95.998.