Morocco shares lower at close of trade; Moroccan All Shares down 0.23%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.23%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Real Estate , Pharmaceutical Industry and Oil & Gas sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.23%.

The biggest gainers of the session on the Moroccan All Shares were Timar (CS: TIM ), which rose 5.91% or 12.10 points to trade at 216.90 at the close. Total Maroc SA (CS: TMA ) added 4.47% or 60.0 points to end at 1403.0 and IB Maroc Com SA (CS: IBC ) was up 4.04% or 3.84 points to 98.84 in late trade.

Biggest losers included LafargeHolcim Maroc (CS: LHM ), which lost 4.56% or 105 points to trade at 2200 in late trade. Med Paper (CS: PAP ) declined 3.96% or 1.24 points to end at 30.06 and Cartier Saada (CS: CRS ) shed 3.83% or 0.88 points to 22.09.

Advancing stocks outnumbered falling ones by 24 to 18 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.08% or 0.04 to $47.70 a barrel. Meanwhile, Brent oil for delivery in July rose 0.38% or 0.19 to hit $50.65 a barrel, while the June Gold Futures contract fell 0.63% or 7.95 to trade at $1249.05 a troy ounce.

EUR/MAD was down 0.02% to 10.8220, while USD/MAD rose 0.08% to 9.9142.

The US Dollar Index Futures was up 0.17% at 98.95.

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