Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Software & Computer Services, Construction & Building Materials and Oil & Gas sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.82%.
The biggest gainers of the session on the Moroccan All Shares were Lydec (CS:LYD), which rose 2.45% or 15.00 points to trade at 626.00 at the close. Nexans Maroc (CS:NEX) added 1.93% or 2.80 points to end at 147.95 and Stroc Industrie (CS:STR) was up 1.91% or 0.95 points to 50.70 in late trade.
Biggest losers included Agma Lahlou-Tazi (CS:AGMA), which lost 5.99% or 197 points to trade at 3093 in late trade. Micro Data SA (CS:MIC) declined 3.33% or 10.00 points to end at 290.00 and Hps (CS:HPS) shed 3.32% or 68.00 points to 1980.00.
Declining stocks outnumbered rising ones by 25 to 11 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for March delivery was down 2.40% or 1.52 to $61.87 a barrel. Meanwhile, Brent oil for delivery in April fell 1.78% or 1.19 to hit $65.67 a barrel, while the April Gold Futures contract fell 0.64% or 8.50 to trade at $1321.00 a troy ounce.
EUR/MAD was down 0.31% to 11.3270, while USD/MAD rose 0.50% to 9.2240.
The US Dollar Index Futures was up 0.67% at 90.12.