Morocco shares lower at close of trade; Moroccan All Shares down 0.14%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.14%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Utilities , Real Estate and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.14%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS: PAP ), which rose 9.98% or 3.21 points to trade at 35.38 at the close. Maghreb Oxygene (CS: OXYG ) added 5.97% or 8.10 points to end at 143.70 and Nexans Maroc (CS: NEX ) was up 4.17% or 6.00 points to 150.00 in late trade.

Biggest losers included Taslif (CS: TSF1 ), which lost 3.58% or 0.86 points to trade at 23.18 in late trade. Lydec (CS: LYD ) declined 2.88% or 18.00 points to end at 607.00 and Sonasid (CS: SOND ) shed 1.77% or 14 points to 756.

Declining stocks outnumbered rising ones by 19 to 19 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was up 2.09% or 1.19 to $58.02 a barrel. Meanwhile, Brent oil for delivery in January rose 0.94% or 0.59 to hit $63.16 a barrel, while the December Gold Futures contract rose 0.74% or 9.46 to trade at $1291.16 a troy ounce.

EUR/MAD was up 0.17% to 11.1200, while USD/MAD fell 0.32% to 9.4266.

The US Dollar Index Futures was down 0.48% at 93.44.

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