Morocco shares lower at close of trade; Moroccan All Shares down 0.12%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.12%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Holding Companies , Electrical & Electronic equipment and Mining sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.12%.

The biggest gainers of the session on the Moroccan All Shares were Auto Hall (CS: AUTO ), which rose 4.13% or 4.75 points to trade at 119.75 at the close. Med Paper (CS: PAP ) added 3.84% or 0.70 points to end at 18.91 and M2M Group (CS: M2M ) was up 3.78% or 10.90 points to 298.90 in late trade.

Biggest losers included Taqa Morocco SA (CS: TQM ), which lost 2.47% or 17.50 points to trade at 691.00 in late trade. Miniere Touissit (CS: CMT ) declined 1.59% or 17 points to end at 1055 and Delta Holding S.A (CS: DHO ) shed 1.23% or 0.25 points to 20.00.

Declining stocks outnumbered rising ones by 20 to 18 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 2.06% or 0.92 to $45.59 a barrel. Meanwhile, Brent oil for delivery in December rose 2.30% or 1.07 to hit $47.59 a barrel, while the December Gold contract fell 0.46% or 6.15 to trade at $1324.25 a troy ounce.

EUR/MAD was up 0.02% to 10.9100, while USD/MAD rose 0.09% to 9.7330.

The US Dollar Index was up 0.14% at 95.48.

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