Morocco shares lower at close of trade; Moroccan All Shares down 0.43%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.43%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Forestry & Paper , Hotels, Restaurants & Leisure and Holding Companies sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.43%.

The biggest gainers of the session on the Moroccan All Shares were Timar (CS: TIM ), which rose 7.05% or 14.80 points to trade at 224.80 at the close. Taslif (CS: TSF1 ) added 5.70% or 1.51 points to end at 28.00 and Nexans Maroc (CS: NEX ) was up 5.64% or 7.85 points to 146.95 in late trade.

Biggest losers included Delattre Levivier Maroc (CS: DLM ), which lost 5.50% or 10.70 points to trade at 184.00 in late trade. Alliances (CS: ADI ) declined 2.77% or 6 points to end at 225 and Med Paper (CS: PAP ) shed 2.33% or 0.74 points to 31.05.

Declining stocks outnumbered rising ones by 21 to 21 and 12 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.25% or 0.15 to $59.34 a barrel. Meanwhile, Brent oil for delivery in April rose 0.46% or 0.29 to hit $63.01 a barrel, while the April Gold Futures contract rose 1.39% or 18.50 to trade at $1348.90 a troy ounce.

EUR/MAD was up 0.14% to 11.3660, while USD/MAD fell 0.30% to 9.1623.

The US Dollar Index Futures was down 0.35% at 89.29.

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