Morocco shares lower at close of trade; Moroccan All Shares down 2.07%

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Morocco shares lower at close of trade; Moroccan All Shares down 2.07%
Credit: © Reuters.

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

At the close in Casablanca, the Moroccan All Shares fell 2.07% to hit a new 1-month low.

The biggest gainers of the session on the Moroccan All Shares were Risma (CS: RIS ), which rose 7.70% or 9.65 points to trade at 134.95 at the close. Saham Assurance (CS: SAH ) added 3.36% or 39 points to end at 1200 and Wafa Assurance (CS: WASS ) was up 3.04% or 140 points to 4740 in late trade.

Biggest losers included Fenie Brossette (CS: FBR ), which lost 6.86% or 11.85 points to trade at 161.00 in late trade. Dari Couspate SA (CS: DRI ) declined 6.00% or 155 points to end at 2430 and Snep (CS: SNP ) shed 4.94% or 20.00 points to 385.00.

Declining stocks outnumbered rising ones by 32 to 7 and 10 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for April delivery was down 1.56% or 0.85 to $53.48 a barrel. Meanwhile, Brent oil for delivery in April fell 1.64% or 0.93 to hit $55.73 a barrel, while the April Gold Futures contract fell 0.44% or 5.45 to trade at $1233.45 a troy ounce.

EUR/MAD was up 0.09% to 10.6780, while USD/MAD fell 0.06% to 10.1204.

The US Dollar Index Futures was down 0.04% at 101.41.

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