Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Oil & Gas, Insurance and Chemicals sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.44%.
The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 7.69% or 1.50 points to trade at 21.00 at the close. Med Paper (CS:PAP) added 6.00% or 0.84 points to end at 14.84 and Dari Couspate SA (CS:DRI) was up 5.88% or 96 points to 1728 in late trade.
Biggest losers included Afriquia Gaz (CS:AGAZ1), which lost 5.48% or 118 points to trade at 2032 in late trade. Alliances (CS:ADI) declined 4.77% or 3 points to end at 62 and Wafa Assurance (CS:WASS) shed 4.73% or 172 points to 3461.
Declining stocks outnumbered rising ones by 16 to 16 and 6 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for July delivery was up 1.29% or 0.65 to $51.01 a barrel. Meanwhile, Brent oil for delivery in August rose 1.59% or 0.82 to hit $52.26 a barrel, while the August Gold contract rose 1.29% or 16.05 to trade at $1263.05 a troy ounce.
EUR/MAD was up 0.12% to 10.9730, while USD/MAD fell 0.19% to 9.6255.
The US Dollar Index was down 0.34% at 93.52.