Morocco shares lower at close of trade; Moroccan All Shares down 0.46%

Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Transport, Forestry&Paper and Utilities sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.46%.

The biggest gainers of the session on the Moroccan All Shares were Societe des Boissons du Maroc SA (CSE:SBM), which rose 5.04% or 117.00 points to trade at 2,438.00 at the close. Cartier Saada (CSE:CRS) added 2.50% or 0.85 points to end at 34.90 and Involys (CSE:INV) was up 2.04% or 2.00 points to 100.00 in late trade.

Biggest losers included CDM (CSE:CDM), which lost 7.04% or 69.00 points to trade at 911.00 in late trade. CTM (CSE:CTM) declined 6.08% or 40.50 points to end at 625.40 and Realis. Mecaniques (CSE:SRM) shed 4.97% or 23.00 points to 440.00.

Declining stocks outnumbered rising ones by 36 to 13 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.96% or 1.32 to $68.53 a barrel. Meanwhile, Brent oil for delivery in January rose 1.91% or 1.35 to hit $72.08 a barrel, while the December Gold Futures contract rose 0.17% or 4.80 to trade at $2,785.90 a troy ounce.

EUR/MAD was up 0.16% to 10.67, while USD/MAD rose 0.09% to 9.87.

The US Dollar Index Futures was down 0.17% at 104.01.