Morocco shares lower at close of trade; Moroccan All Shares down 0.14%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.14%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Hotels, Restaurants & Leisure , Electrical & Electronic equipment and Mining sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.14%.

The biggest gainers of the session on the Moroccan All Shares were LafargeHolcim Maroc (CS: LHM ), which rose 2.84% or 69 points to trade at 2500 at the close. IB Maroc Com SA (CS: IBC ) added 2.32% or 2.55 points to end at 112.50 and Involys (CS: INV ) was up 2.14% or 2.85 points to 135.95 in late trade.

Biggest losers included Miniere Touissit (CS: CMT ), which lost 9.97% or 164 points to trade at 1481 in late trade. CDM (CS: CDM ) declined 5.99% or 29 points to end at 454 and Risma (CS: RIS ) shed 4.62% or 5.45 points to 112.50.

Declining stocks outnumbered rising ones by 29 to 10 and 11 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.83% or 0.40 to $47.84 a barrel. Meanwhile, Brent oil for delivery in May fell 1.00% or 0.51 to hit $50.45 a barrel, while the April Gold Futures contract rose 0.21% or 2.65 to trade at $1249.15 a troy ounce.

EUR/MAD was down 0.02% to 10.7760, while USD/MAD rose 0.03% to 9.9718.

The US Dollar Index Futures was down 0.14% at 99.41.

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