Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Utilities, Insurance and Mining sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares lost 1.14%.
The biggest gainers of the session on the Moroccan All Shares were Centrale Danone (CS:CDA), which rose 5.98% or 31 points to trade at 544 at the close. Dari Couspate SA (CS:DRI) added 5.46% or 118 points to end at 2280 and Jet Contractors (CS:JET) was up 5.03% or 8.00 points to 167.00 in late trade.
Biggest losers included SMI (CS:SMI), which lost 5.97% or 179 points to trade at 2820 in late trade. Wafa Assurance (CS:WASS) declined 4.87% or 228 points to end at 4450 and Lydec (CS:LYD) shed 4.07% or 25.00 points to 590.00.
Declining stocks outnumbered rising ones by 30 to 11 and 3 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was down 0.39% or 0.21 to $53.09 a barrel. Meanwhile, Brent oil for delivery in February fell 0.54% or 0.30 to hit $55.05 a barrel, while the February Gold contract rose 0.00% or 0.05 to trade at $1133.65 a troy ounce.
EUR/MAD was up 0.15% to 10.5980, while USD/MAD fell 0.23% to 10.1610.
The US Dollar Index was down 0.25% at 103.00.