Morocco shares lower at close of trade; Moroccan All Shares down 0.36%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.36%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Electrical & Electronic equipment , Hotels, Restaurants & Leisure and Software & Computer Services sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.36%.

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 4.01% or 54 points to trade at 1400 at the close. Label Vie (CS: LBV ) added 3.63% or 69 points to end at 1970 and Delta Holding S.A (CS: DHO ) was up 3.03% or 0.97 points to 32.99 in late trade.

Biggest losers included Nexans Maroc (CS: NEX ), which lost 8.76% or 12.00 points to trade at 125.00 in late trade. Stroc Industrie (CS: STR ) declined 5.34% or 1.36 points to end at 24.10 and Sonasid (CS: SOND ) shed 4.18% or 23 points to 525.

Declining stocks outnumbered rising ones by 21 to 8 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.35% or 1.76 to $73.20 a barrel. Meanwhile, Brent oil for delivery in December fell 1.95% or 1.66 to hit $83.34 a barrel, while the December Gold Futures contract rose 0.16% or 1.90 to trade at $1193.40 a troy ounce.

EUR/MAD was up 0.16% to 10.9130, while USD/MAD fell 0.21% to 9.4610.

The US Dollar Index Futures was down 0.28% at 95.09.

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