Morocco stocks lower at close of trade; Moroccan All Shares down 0.04%

Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Utilities, Distributors and Insurance sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.04%.

The best performers of the session on the Moroccan All Shares were M2M Group (CSE:M2M), which rose 5.54% or 28.80 points to trade at 548.90 at the close. Meanwhile, Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) added 4.65% or 2.00 points to end at 44.98 and Involys (CSE:INV) was up 3.09% or 2.97 points to 98.97 in late trade.

The worst performers of the session were Salafin (CSE:SLF), which fell 4.73% or 26.90 points to trade at 542.10 at the close. Lesieur Cristal (CSE:LES) declined 3.14% or 8.80 points to end at 271.20 and Disway SA (CSE:DWY) was down 2.27% or 14.90 points to 641.00.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 32 to 17 and 8 ended unchanged.

Crude oil for January delivery was up 0.41% or 0.29 to $70.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.79% or 0.58 to hit $73.77 a barrel, while the February Gold Futures contract fell 0.43% or 11.35 to trade at $2,650.65 a troy ounce.

EUR/MAD was down 0.11% to 10.48, while USD/MAD fell 0.16% to 9.99.

The US Dollar Index Futures was up 0.04% at 106.71.