Morocco shares lower at close of trade; Moroccan All Shares down 0.08%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.08%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Hotels, Restaurants & Leisure , Real Estate and Distributors sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.08%.

The biggest gainers of the session on the Moroccan All Shares were Sothema (CS: SOT ), which rose 5.94% or 92 points to trade at 1642 at the close. Stroc Industrie (CS: STR ) added 5.23% or 2.30 points to end at 46.26 and Lydec (CS: LYD ) was up 4.90% or 28.80 points to 617.00 in late trade.

Biggest losers included Timar (CS: TIM ), which lost 5.53% or 11.95 points to trade at 204.05 in late trade. Stokvis Nord Afrique (CS: SNA ) declined 5.44% or 0.98 points to end at 17.02 and Alliances (CS: ADI ) shed 4.24% or 7 points to 158.

Declining stocks outnumbered rising ones by 20 to 18 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was up 2.03% or 1.33 to $66.84 a barrel. Meanwhile, Brent oil for delivery in June rose 1.59% or 1.13 to hit $72.17 a barrel, while the June Gold Futures contract rose 0.91% or 12.30 to trade at $1358.20 a troy ounce.

EUR/MAD was up 0.08% to 11.3410, while USD/MAD fell 0.06% to 9.1666.

The US Dollar Index Futures was down 0.12% at 89.21.

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