Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Chemicals, Telecoms and Distributors sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares fell 2.07% to hit a new 1-month low.
The biggest gainers of the session on the Moroccan All Shares were Risma (CS:RIS), which rose 7.70% or 9.65 points to trade at 134.95 at the close. Saham Assurance (CS:SAH) added 3.36% or 39 points to end at 1200 and Wafa Assurance (CS:WASS) was up 3.04% or 140 points to 4740 in late trade.
Biggest losers included Fenie Brossette (CS:FBR), which lost 6.86% or 11.85 points to trade at 161.00 in late trade. Dari Couspate SA (CS:DRI) declined 6.00% or 155 points to end at 2430 and Snep (CS:SNP) shed 4.94% or 20.00 points to 385.00.
Declining stocks outnumbered rising ones by 32 to 7 and 10 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for April delivery was down 1.56% or 0.85 to $53.48 a barrel. Meanwhile, Brent oil for delivery in April fell 1.64% or 0.93 to hit $55.73 a barrel, while the April Gold Futures contract fell 0.44% or 5.45 to trade at $1233.45 a troy ounce.
EUR/MAD was up 0.09% to 10.6780, while USD/MAD fell 0.06% to 10.1204.
The US Dollar Index Futures was down 0.04% at 101.41.