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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.

This post appeared first on investing.com

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