Morocco shares higher at close of trade; Moroccan All Shares up 0.72%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.72%
Credit: © Reuters.

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

At the close in Casablanca, the Moroccan All Shares added 0.72% to hit a new 1-month high.

The biggest gainers of the session on the Moroccan All Shares were Snep (CS: SNP ), which rose 9.98% or 57.80 points to trade at 636.80 at the close. Disway SA (CS: DWY ) added 8.91% or 36.00 points to end at 440.00 and Sonasid (CS: SOND ) was up 7.57% or 56 points to 796 in late trade.

Biggest losers included Lydec (CS: LYD ), which lost 4.03% or 25.00 points to trade at 595.00 in late trade. Bmce Bank (CS: BMCE ) declined 2.99% or 6.40 points to end at 207.50 and Fenie Brossette (CS: FBR ) shed 1.33% or 2.10 points to 156.00.

Advancing stocks outnumbered falling ones by 32 to 10 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 1.84% or 1.11 to $61.48 a barrel. Meanwhile, Brent oil for delivery in March rose 1.61% or 1.07 to hit $67.64 a barrel, while the February Gold Futures contract rose 0.16% or 2.10 to trade at $1318.20 a troy ounce.

EUR/MAD was down 0.04% to 11.2360, while USD/MAD rose 0.12% to 9.3338.

The US Dollar Index Futures was up 0.24% at 91.78.

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