Morocco shares lower at close of trade; Moroccan All Shares down 0.57%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.57%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Beverage , Chemicals and Real Estate sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.57%.

The biggest gainers of the session on the Moroccan All Shares were Centrale Danone (CS: CDA ), which rose 6.00% or 40 points to trade at 707 at the close. Ennakl Automobiles SA (CS: NKL ) added 3.60% or 1.59 points to end at 45.79 and Sothema (CS: SOT ) was up 2.94% or 50 points to 1750 in late trade.

Biggest losers included Promopharm S.A. (CS: PRO ), which lost 5.05% or 79 points to trade at 1485 in late trade. Brasseries Du Maroc (CS: SBM ) declined 5.00% or 150 points to end at 2850 and Realis. Mecaniques (CS: SRM ) shed 4.38% or 12.40 points to 270.50.

Declining stocks outnumbered rising ones by 29 to 9 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.31% or 0.22 to $71.09 a barrel. Meanwhile, Brent oil for delivery in July rose 0.26% or 0.20 to hit $78.63 a barrel, while the June Gold Futures contract rose 0.08% or 1.00 to trade at $1291.30 a troy ounce.

EUR/MAD was down 0.09% to 11.1310, while USD/MAD rose 0.30% to 9.4403.

The US Dollar Index Futures was up 0.06% at 93.20.

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