Morocco shares lower at close of trade; Moroccan All Shares down 0.10%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.10%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Oil & Gas , Pharmaceutical Industry and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.10%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 9.99% or 15.65 points to trade at 172.25 at the close. Risma (CS: RIS ) added 4.91% or 8.00 points to end at 171.00 and Snep (CS: SNP ) was up 4.77% or 32.50 points to 714.50 in late trade.

Biggest losers included Afriquia Gaz (CS: AGAZ1 ), which lost 5.73% or 169 points to trade at 2781 in late trade. Timar (CS: TIM ) declined 2.99% or 7.35 points to end at 238.60 and Ennakl Automobiles SA (CS: NKL ) shed 2.98% or 1.69 points to 55.00.

Advancing stocks outnumbered falling ones by 16 to 15 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.03% or 0.50 to $49.16 a barrel. Meanwhile, Brent oil for delivery in November rose 1.18% or 0.63 to hit $54.01 a barrel, while the December Gold Futures contract fell 0.41% or 5.46 to trade at $1339.04 a troy ounce.

EUR/MAD was up 0.04% to 11.1570, while USD/MAD fell 0.05% to 9.3709.

The US Dollar Index Futures was down 0.13% at 92.16.

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