Morocco shares lower at close of trade; Moroccan All Shares down 0.21%

Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Invest Companies & Other Finance , Real Estate and Insurance sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.21%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS: PAP ), which rose 9.96% or 2.72 points to trade at 30.02 at the close. Aluminum mar 1l (CS: ALU ) added 5.69% or 79 points to end at 1467 and Oulmes (CS: OULM ) was up 4.83% or 91 points to 1974 in late trade.

Biggest losers included Residences Dar Saada SA (CS: RDS ), which lost 6.20% or 7.55 points to trade at 114.15 in late trade. Agma Lahlou-Tazi (CS: AGMA ) declined 5.90% or 173 points to end at 2760 and Salafin (CS: SLF ) shed 4.45% or 47 points to 1010.

Declining stocks outnumbered rising ones by 26 to 14 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was down 0.02% or 0.01 to $60.70 a barrel. Meanwhile, Brent oil for delivery in May fell 0.12% or 0.08 to hit $64.56 a barrel, while the April Gold Futures contract fell 0.19% or 2.50 to trade at $1324.60 a troy ounce.

EUR/MAD was down 0.14% to 11.3290, while USD/MAD rose 0.03% to 9.1592.

The US Dollar Index Futures was up 0.02% at 89.72.