Morocco shares lower at close of trade; Moroccan All Shares down 0.18%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.18%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Electrical & Electronic equipment , Hotels, Restaurants & Leisure and Telecoms sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.18%.

The biggest gainers of the session on the Moroccan All Shares were Colorado (CS: COL ), which rose 2.30% or 2.00 points to trade at 89.00 at the close. Stokvis Nord Afrique (CS: SNA ) added 1.85% or 0.37 points to end at 20.37 and Alliances (CS: ADI ) was up 1.79% or 4 points to 225 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 9.98% or 12.30 points to trade at 110.90 in late trade. Timar (CS: TIM ) declined 4.76% or 10.70 points to end at 214.00 and Nexans Maroc (CS: NEX ) shed 3.34% or 4.90 points to 142.00.

Declining stocks outnumbered rising ones by 21 to 17 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was down 0.39% or 0.24 to $61.55 a barrel. Meanwhile, Brent oil for delivery in April fell 0.09% or 0.06 to hit $65.19 a barrel, while the April Gold Futures contract fell 0.05% or 0.60 to trade at $1330.60 a troy ounce.

EUR/MAD was down 0.07% to 11.3360, while USD/MAD rose 0.13% to 9.2066.

The US Dollar Index Futures was up 0.20% at 89.82.

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