Morocco shares lower at close of trade; Moroccan All Shares down 1.26%

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Morocco shares lower at close of trade; Moroccan All Shares down 1.26%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Hotels, Restaurants & Leisure , Construction & Building Materials and Holding Companies sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 1.26%.

The biggest gainers of the session on the Moroccan All Shares were Jet Contractors (CS: JET ), which rose 9.99% or 24.95 points to trade at 274.75 at the close. Wafa Assurance (CS: WASS ) added 4.82% or 227 points to end at 4938 and Eqdom (CS: EQDM ) was up 2.33% or 25 points to 1100 in late trade.

Biggest losers included Risma (CS: RIS ), which lost 9.98% or 14.65 points to trade at 132.10 in late trade. LafargeHolcim Maroc (CS: LHM ) declined 9.97% or 208 points to end at 1879 and Alliances (CS: ADI ) shed 6.46% or 16 points to 230.

Declining stocks outnumbered rising ones by 28 to 11 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.46% or 0.24 to $52.12 a barrel. Meanwhile, Brent oil for delivery in December fell 0.64% or 0.37 to hit $57.55 a barrel, while the December Gold Futures contract fell 0.99% or 12.89 to trade at $1288.81 a troy ounce.

EUR/MAD was down 0.13% to 11.1000, while USD/MAD rose 0.21% to 9.4460.

The US Dollar Index Futures was up 0.39% at 93.17.

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