Morocco shares lower at close of trade; Moroccan All Shares down 1.06%

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Morocco shares lower at close of trade; Moroccan All Shares down 1.06%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Hotels, Restaurants & Leisure , Chemicals and Mining sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 1.06%.

The biggest gainers of the session on the Moroccan All Shares were CIH (CS: CIH ), which rose 4.36% or 12.00 points to trade at 287.00 at the close. CTM (CS: CTM ) added 2.62% or 25.00 points to end at 980.00 and Total Maroc SA (CS: TMA ) was up 1.99% or 33.0 points to 1694.0 in late trade.

Biggest losers included Alliances (CS: ADI ), which lost 7.47% or 22 points to trade at 270 in late trade. Involys (CS: INV ) declined 6.44% or 9.95 points to end at 144.55 and IB Maroc Com SA (CS: IBC ) shed 5.68% or 8.40 points to 139.60.

Declining stocks outnumbered rising ones by 35 to 9 and 2 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.92% or 0.96 to $50.86 a barrel. Meanwhile, Brent oil for delivery in November rose 1.90% or 1.05 to hit $56.19 a barrel, while the December Gold Futures contract rose 0.47% or 6.14 to trade at $1316.74 a troy ounce.

EUR/MAD was up 0.04% to 11.1880, while USD/MAD fell 0.04% to 9.3205.

The US Dollar Index Futures was down 0.15% at 91.48.

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