Morocco stocks lower at close of trade; Moroccan All Shares down 1.24%

Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Insurance , Holding Companies and Oil & Gas sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 1.24%.

The best performers of the session on the Moroccan All Shares were Societe Equipement Domestique et Menager SA (CSE:EQD ), which rose 8.06% or 87.00 points to trade at 1,167.00 at the close. Meanwhile, Cartier Saada (CSE:CRS ) added 5.71% or 2.00 points to end at 37.00 and AFMA SA (CSE:AFM ) was up 1.98% or 23.00 points to 1,184.00 in late trade.

The worst performers of the session were Total Maroc SA (CSE:TMA ), which fell 6.18% or 105.00 points to trade at 1,595.00 at the close. Micro Data SA (CSE:MIC ) declined 4.83% or 32.00 points to end at 630.00 and Akdital SA (CSE:AKT ) was down 4.68% or 49.00 points to 999.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 39 to 11 and 6 ended unchanged.

Crude oil for November delivery was up 1.40% or 0.98 to $70.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.32% or 0.97 to hit $74.53 a barrel, while the December Gold Futures contract fell 0.93% or 25.00 to trade at $2,665.30 a troy ounce.

EUR/MAD was down 0.26% to 10.79, while USD/MAD fell 0.06% to 9.75.

The US Dollar Index Futures was up 0.45% at 101.39.

Source: Investing.com