Morocco shares lower at close of trade; Moroccan All Shares down 0.49%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.49%
Credit: © Reuters.

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

At the close in Casablanca, the Moroccan All Shares fell 0.49%.

The biggest gainers of the session on the Moroccan All Shares were Zellidja S.A (CS: ZELI ), which rose 5.98% or 5.80 points to trade at 102.80 at the close. Total Maroc SA (CS: TMA ) added 2.97% or 37.0 points to end at 1283.0 and Colorado (CS: COL ) was up 2.82% or 2.00 points to 73.00 in late trade.

Biggest losers included Snep (CS: SNP ), which lost 9.98% or 59.90 points to trade at 540.10 in late trade. Med Paper (CS: PAP ) declined 6.04% or 1.35 points to end at 21.00 and Afric Industries Sa (CS: AFIND ) shed 5.77% or 16.50 points to 269.50.

Declining stocks outnumbered rising ones by 15 to 11 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.30% or 0.89 to $69.42 a barrel. Meanwhile, Brent oil for delivery in November rose 1.38% or 1.05 to hit $77.34 a barrel, while the December Gold Futures contract fell 0.16% or 1.90 to trade at $1212.50 a troy ounce.

EUR/MAD was down 0.10% to 10.9840, while USD/MAD fell 0.11% to 9.3840.

The US Dollar Index Futures was down 0.14% at 94.50.

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