Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Forestry & Paper, Chemicals and Real Estate sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.53%.
The biggest gainers of the session on the Moroccan All Shares were Taslif (CS:TSF1), which rose 5.97% or 1.56 points to trade at 27.68 at the close. BCP (CS:BCP) added 3.14% or 8.80 points to end at 288.90 and LafargeHolcim Maroc (CS:LHM) was up 2.48% or 63 points to 2600 in late trade.
Biggest losers included Med Paper (CS:PAP), which lost 9.97% or 3.14 points to trade at 28.36 in late trade. Snep (CS:SNP) declined 7.16% or 17.90 points to end at 232.10 and Alliances (CS:ADI) shed 6.35% or 8 points to 115.
Declining stocks outnumbered rising ones by 30 to 9 and 5 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for March delivery was up 0.51% or 0.27 to $53.08 a barrel. Meanwhile, Brent oil for delivery in April rose 0.70% or 0.39 to hit $55.97 a barrel, while the April Gold Futures contract fell 0.43% or 5.15 to trade at $1206.25 a troy ounce.
EUR/MAD was up 0.02% to 10.7590, while USD/MAD rose 0.08% to 9.9847.
The US Dollar Index Futures was up 0.29% at 99.82.