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 Hotels, Restaurants & Leisure , Transport and Mining sectors propelled shares lower.

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

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 7.70% or 28.95 points to trade at 404.95 at the close. Lydec (CS: LYD ) added 5.92% or 33.90 points to end at 607.00 and Timar (CS: TIM ) was up 5.41% or 11.80 points to 229.80 in late trade.

Biggest losers included Unimer (CS: UMR ), which lost 5.98% or 10.75 points to trade at 169.15 in late trade. CTM (CS: CTM ) declined 3.21% or 25.00 points to end at 755.00 and Risma (CS: RIS ) shed 3.18% or 4.70 points to 143.00.

Declining stocks outnumbered rising ones by 24 to 17 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 0.79% or 0.45 to $56.69 a barrel. Meanwhile, Brent oil for delivery in February fell 1.37% or 0.87 to hit $62.47 a barrel, while the February Gold Futures contract rose 0.52% or 6.40 to trade at $1248.10 a troy ounce.

EUR/MAD was up 0.08% to 11.1390, while USD/MAD fell 0.13% to 9.4671.

The US Dollar Index Futures was down 0.16% at 93.91.

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