Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Hotels, Restaurants & Leisure, Forestry & Paper and Construction & Building Materials sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.04%.
The best performers of the session on the Moroccan All Shares were Residences Dar Saada SA (CS:RDS), which rose 4.45% or 4.90 points to trade at 114.90 at the close. Meanwhile, Stokvis Nord Afrique (CS:SNA) added 3.74% or 0.70 points to end at 19.42 and M2M Group (CS:M2M) was up 3.57% or 18.90 points to 548.90 in late trade.
The worst performers of the session were Stroc Industrie (CS:STR), which fell 4.40% or 2.10 points to trade at 45.66 at the close. Risma (CS:RIS) declined 3.87% or 5.80 points to end at 144.20 and BMCI (CS:BMCI) was down 3.58% or 34 points to 902.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 17 to 17 and 8 ended unchanged.
Shares in M2M Group (CS:M2M) rose to 5-year highs; gaining 3.57% or 18.90 to 548.90.
Crude oil for May delivery was down 1.92% or 1.25 to $64.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.70% or 1.18 to hit $68.28 a barrel, while the April Gold Futures contract fell 1.15% or 15.40 to trade at $1326.60 a troy ounce.
EUR/MAD was down 0.11% to 11.3410, while USD/MAD rose 0.32% to 9.1841.
The US Dollar Index Futures was up 0.56% at 89.46.