Morocco stocks higher at close of trade; Moroccan All Shares up 0.07%

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

At the close in Casablanca, the Moroccan All Shares gained 0.07% to hit a new all time high.

The best performers of the session on the Moroccan All Shares were CFG Bank SA (CSE:CFG), which rose 4.48% or 9.05 points to trade at 211.00 at the close. Meanwhile, Stokvis Nord Afrique (CSE:SNA) added 3.94% or 0.58 points to end at 15.30 and Alliances (CSE:ADI) was up 3.20% or 11.90 points to 383.90 in late trade.

The worst performers of the session were Realis. Mecaniques (CSE:SRM), which fell 9.97% or 47.55 points to trade at 429.50 at the close. Cartier Saada (CSE:CRS) declined 6.30% or 2.20 points to end at 32.70 and Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) was down 4.93% or 2.39 points to 46.10.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 25 and 7 ended unchanged.

Shares in CFG Bank SA (CSE:CFG) rose to all time highs; gaining 4.48% or 9.05 to 211.00. Shares in Alliances (CSE:ADI) rose to 5-year highs; gaining 3.20% or 11.90 to 383.90.

Crude oil for January delivery was up 0.32% or 0.22 to $69.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.18% or 0.13 to hit $73.44 a barrel, while the December Gold Futures contract rose 0.71% or 18.70 to trade at $2,649.70 a troy ounce.

EUR/MAD was down 0.08% to 10.54, while USD/MAD rose 0.16% to 9.99.

The US Dollar Index Futures was up 0.50% at 106.68.