Morocco stocks lower at close of trade; Moroccan All Shares down 0.16%

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

At the close in Casablanca, the Moroccan All Shares lost 0.16% to hit a new 1-month low.

The best performers of the session on the Moroccan All Shares were Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR ), which rose 4.19% or 1.80 points to trade at 44.80 at the close. Meanwhile, IB Maroc Com SA (CSE:IBC ) added 2.88% or 0.95 points to end at 33.95 and Cartier Saada (CSE:CRS ) was up 2.79% or 0.95 points to 34.95 in late trade.

The worst performers of the session were SMI (CSE:SMI ), which fell 4.08% or 84.00 points to trade at 1,975.00 at the close. Total Maroc SA (CSE:TMA ) declined 3.33% or 50.00 points to end at 1,450.00 and Delta Holding S.A (CSE:DHO ) was down 3.19% or 1.70 points to 51.60.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 32 to 16 and 7 ended unchanged.

Crude oil for February delivery was down 0.09% or 0.06 to $70.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.24% or 0.90 to hit $73.22 a barrel, while the February Gold Futures contract unchanged 0.00% or 0.00 to trade at $2,633.50 a troy ounce.

EUR/MAD was unchanged 0.00% to 10.48, while USD/MAD fell 0.10% to 10.07.

The US Dollar Index Futures was up 0.18% at 108.00.

Source: Investing.com