Morocco stocks lower at close of trade; Moroccan All Shares down 0.04%

Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Utilities , Distributors and Insurance sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.04%.

The best performers of the session on the Moroccan All Shares were M2M Group (CSE:M2M ), which rose 5.54% or 28.80 points to trade at 548.90 at the close. Meanwhile, Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR ) added 4.65% or 2.00 points to end at 44.98 and Involys (CSE:INV ) was up 3.09% or 2.97 points to 98.97 in late trade.

The worst performers of the session were Salafin (CSE:SLF ), which fell 4.73% or 26.90 points to trade at 542.10 at the close. Lesieur Cristal (CSE:LES ) declined 3.14% or 8.80 points to end at 271.20 and Disway SA (CSE:DWY ) was down 2.27% or 14.90 points to 641.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 32 to 17 and 8 ended unchanged.

Crude oil for January delivery was up 0.41% or 0.29 to $70.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.79% or 0.58 to hit $73.77 a barrel, while the February Gold Futures contract fell 0.43% or 11.35 to trade at $2,650.65 a troy ounce.

EUR/MAD was down 0.11% to 10.48, while USD/MAD fell 0.16% to 9.99.

The US Dollar Index Futures was up 0.04% at 106.71.

Source: Investing.com