Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Pharmaceutical Industry, Utilities and Insurance sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.40%.
The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CSE:IBC), which rose 6.58% or 2.10 points to trade at 34.00 at the close. S2M (CSE:S2M) added 5.99% or 10.00 points to end at 177.00 and Balima (CSE:BAL) was up 5.98% or 13.25 points to 234.75 in late trade.
Biggest losers included Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR), which lost 4.54% or 1.59 points to trade at 33.40 in late trade. Fenie Brossette (CSE:FBR) declined 2.91% or 3.00 points to end at 100.00 and Taqa Morocco SA (CSE:TQM) shed 2.80% or 38.00 points to 1,320.00.
Declining stocks outnumbered rising ones by 32 to 21 and 4 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was down 0.14% or 0.11 to $80.72 a barrel. Meanwhile, Brent oil for delivery in September rose 0.04% or 0.03 to hit $84.25 a barrel, while the August Gold Futures contract fell 0.75% or 17.45 to trade at $2,313.35 a troy ounce.
EUR/MAD was down 0.55% to 10.60, while USD/MAD unchanged 0.05% to 9.92.
The US Dollar Index Futures was up 0.43% at 105.71.