Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Forestry & Paper, Hotels, Restaurants & Leisure and Mining sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.45%.
The biggest gainers of the session on the Moroccan All Shares were Ib Maroc.Com (CS:IBMC), which rose 5.97% or 5.75 points to trade at 102.05 at the close. Aluminum mar 1l (CS:ALU) added 5.94% or 63 points to end at 1123 and Fenie Brossette (CS:FBR) was up 4.54% or 6.30 points to 145.00 in late trade.
Biggest losers included Alliances (CS:ADI), which lost 5.98% or 7 points to trade at 105 in late trade. Timar (CS:TIM) declined 5.43% or 23.00 points to end at 400.00 and Managem (CS:MNG) shed 4.89% or 46 points to 903.
Declining stocks outnumbered rising ones by 28 to 9 and 2 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for July delivery was up 1.36% or 0.79 to $58.78 a barrel. Meanwhile, Brent oil for delivery in July rose 1.35% or 0.86 to hit $64.89 a barrel, while the June Gold contract rose 0.17% or 2.10 to trade at $1208.80 a troy ounce.
EUR/MAD was down 0.12% to 10.8410, while USD/MAD rose 0.21% to 9.7495.
The US Dollar Index was up 0.38% at 95.73.