Morocco shares higher at close of trade; Moroccan All Shares up 0.30%

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Morocco shares higher at close of trade; Moroccan All Shares up 0.30%
Credit: © Reuters.

Investing.com – Morocco equities were higher at the close on Wednesday, as gains in the Chemicals , Beverage and Insurance sectors propelled shares higher.

At the close in Casablanca, the Moroccan All Shares added 0.30%.

The biggest gainers of the session on the Moroccan All Shares were Maghreb Oxygene (CS: OXYG ), which rose 5.49% or 5.00 points to trade at 96.00 at the close. Snep (CS: SNP ) added 3.72% or 2.98 points to end at 83.00 and Jet Contractors (CS: JET ) was up 3.47% or 5.00 points to 149.00 in late trade.

Biggest losers included Med Paper (CS: PAP ), which lost 9.95% or 2.09 points to trade at 18.91 in late trade. Sothema (CS: SOT ) declined 5.95% or 82 points to end at 1295 and CIH (CS: CIH ) shed 1.05% or 2.90 points to 272.00.

Advancing stocks outnumbered falling ones by 17 to 16 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.25% or 0.56 to $45.39 a barrel. Meanwhile, Brent oil for delivery in November rose 1.29% or 0.61 to hit $47.87 a barrel, while the December Gold contract fell 0.37% or 5.05 to trade at $1348.95 a troy ounce.

EUR/MAD was down 0.09% to 10.9140, while USD/MAD fell 0.01% to 9.7151.

The US Dollar Index was up 0.22% at 95.01.

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