Morocco shares lower at close of trade; Moroccan All Shares down 0.13%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.13%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Hotels, Restaurants & Leisure , Insurance and Transport sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.13%.

The biggest gainers of the session on the Moroccan All Shares were Realis. Mecaniques (CS: SRM ), which rose 5.96% or 16.40 points to trade at 291.40 at the close. Salafin (CS: SLF ) added 5.87% or 61 points to end at 1100 and IB Maroc Com SA (CS: IBC ) was up 4.23% or 3.00 points to 74.00 in late trade.

Biggest losers included Micro Data SA (CS: MIC ), which lost 4.98% or 14.95 points to trade at 285.00 in late trade. Timar (CS: TIM ) declined 4.18% or 10.00 points to end at 229.00 and Wafa Assurance (CS: WASS ) shed 3.89% or 190 points to 4700.

Declining stocks outnumbered rising ones by 19 to 14 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.54% or 0.36 to $66.72 a barrel. Meanwhile, Brent oil for delivery in August rose 0.98% or 0.74 to hit $76.62 a barrel, while the August Gold Futures contract rose 0.21% or 2.70 to trade at $1302.10 a troy ounce.

EUR/MAD was up 0.14% to 11.1320, while USD/MAD fell 0.24% to 9.4405.

The US Dollar Index Futures was down 0.31% at 93.54.

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