Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Holding Companies, Real Estate and Construction & Building Materials sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 1.09% to hit a new 52-week low.
The best performers of the session on the Moroccan All Shares were Timar (CS:TIM), which rose 5.83% or 21.10 points to trade at 383.00 at the close. Meanwhile, Snep (CS:SNP) added 5.33% or 4.80 points to end at 94.80 and BMCI (CS:BMCI) was up 4.57% or 25 points to 580 in late trade.
The worst performers of the session were M2M Group (CS:M2M), which fell 10.00% or 25.00 points to trade at 225.00 at the close. Involys (CS:INV) declined 7.69% or 10.00 points to end at 130.00 and Micro Data SA (CS:MIC) was down 5.98% or 6.70 points to 105.30.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 10 and 6 ended unchanged.
Crude oil for January delivery was down 0.61% or 0.23 to $37.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.53% or 0.21 to hit $40.05 a barrel, while the February Gold contract fell 0.16% or 1.70 to trade at $1073.60 a troy ounce.
EUR/MAD was up 0.31% to 10.8080, while USD/MAD fell 0.59% to 9.8410.
The US Dollar Index was down 0.77% at 97.66.