Morocco shares lower at close of trade; Moroccan All Shares down 0.54%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.54%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Forestry & Paper , Oil & Gas and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.54%.

The biggest gainers of the session on the Moroccan All Shares were Involys (CS: INV ), which rose 7.08% or 8.00 points to trade at 121.00 at the close. Aluminum mar 1l (CS: ALU ) added 4.00% or 64 points to end at 1664 and Snep (CS: SNP ) was up 2.15% or 8.85 points to 420.00 in late trade.

Biggest losers included Stokvis Nord Afrique (CS: SNA ), which lost 8.93% or 1.25 points to trade at 12.74 in late trade. Med Paper (CS: PAP ) declined 8.22% or 1.89 points to end at 21.11 and Afriquia Gaz (CS: AGAZ1 ) shed 7.18% or 232 points to 3001.

Declining stocks outnumbered rising ones by 18 to 11 and 11 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.36% or 0.19 to $51.92 a barrel. Meanwhile, Brent oil for delivery in March rose 0.23% or 0.14 to hit $60.78 a barrel, while the February Gold Futures contract rose 0.51% or 6.55 to trade at $1294.95 a troy ounce.

EUR/MAD was up 0.11% to 10.8814, while USD/MAD rose 0.13% to 9.5401.

The US Dollar Index Futures was down 0.04% at 95.637.

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