Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Forestry & Paper, Chemicals and Utilities sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.87%.
The biggest gainers of the session on the Moroccan All Shares were SMI (CS:SMI), which rose 2.99% or 80 points to trade at 2750 at the close. CTM (CS:CTM) added 2.19% or 10.00 points to end at 465.00 and Residences Dar Saada SA (CS:RDS) was up 1.77% or 3.00 points to 172.00 in late trade.
Biggest losers included Samir (CS:SAMI), which lost 5.98% or 8.50 points to trade at 133.50 in late trade. Micro Data SA (CS:MIC) declined 5.97% or 8.00 points to end at 126.00 and Eqdom (CS:EQDM) shed 5.93% or 70 points to 1110.
Declining stocks outnumbered rising ones by 25 to 7 and 8 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for September delivery was down 1.64% or 0.75 to $44.99 a barrel. Meanwhile, Brent oil for delivery in September fell 1.77% or 0.89 to hit $49.10 a barrel, while the December Gold contract fell 0.63% or 6.90 to trade at $1083.80 a troy ounce.
EUR/MAD was down 0.04% to 10.7560, while USD/MAD rose 0.18% to 9.8976.
The US Dollar Index was up 0.19% at 98.23.