Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Utilities, Beverage and Hotels, Restaurants & Leisure sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares lost 0.15%.
The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.97% or 2.38 points to trade at 26.24 at the close. Snep (CS:SNP) added 7.56% or 11.95 points to end at 170.10 and AFMA SA (CS:AFM) was up 6.13% or 49 points to 849 in late trade.
Biggest losers included Lydec (CS:LYD), which lost 6.65% or 36.00 points to trade at 505.00 in late trade. BMCI (CS:BMCI) declined 6.25% or 40 points to end at 600 and Taqa Morocco SA (CS:TQM) shed 4.81% or 37.90 points to 750.10.
Declining stocks outnumbered rising ones by 28 to 21 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.54% or 0.29 to $54.19 a barrel. Meanwhile, Brent oil for delivery in March rose 0.44% or 0.25 to hit $57.08 a barrel, while the February Gold contract rose 0.12% or 1.35 to trade at $1140.15 a troy ounce.
EUR/MAD was down 0.40% to 10.5950, while USD/MAD rose 0.41% to 10.1995.
The US Dollar Index was up 0.43% at 103.44.