Morocco shares lower at close of trade; Moroccan All Shares down 0.15%

Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Forestry & Paper , Hotels, Restaurants & Leisure and Transport sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.15%.

The biggest gainers of the session on the Moroccan All Shares were Micro Data SA (CS: MIC ), which rose 2.55% or 7.40 points to trade at 297.40 at the close. Cartier Saada (CS: CRS ) added 1.39% or 0.33 points to end at 24.00 and Cosumar (CS: CSMR ) was up 1.33% or 4 points to 298 in late trade.

Biggest losers included Timar (CS: TIM ), which lost 7.74% or 16.95 points to trade at 202.00 in late trade. Fenie Brossette (CS: FBR ) declined 7.69% or 11.00 points to end at 132.00 and Med Paper (CS: PAP ) shed 6.58% or 2.04 points to 28.95.

Declining stocks outnumbered rising ones by 28 to 17 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was down 2.60% or 1.63 to $60.97 a barrel. Meanwhile, Brent oil for delivery in May fell 2.37% or 1.56 to hit $64.23 a barrel, while the April Gold Futures contract fell 0.65% or 8.70 to trade at $1326.50 a troy ounce.

EUR/MAD was down 0.05% to 11.3600, while USD/MAD rose 0.05% to 9.1664.

The US Dollar Index Futures was up 0.10% at 89.65.