Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Hotels, Restaurants & Leisure, Real Estate and Distributors sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.08%.
The best performers of the session on the Moroccan All Shares were Sothema (CS:SOT), which rose 5.94% or 92 points to trade at 1642 at the close. Meanwhile, Stroc Industrie (CS:STR) added 5.23% or 2.30 points to end at 46.26 and Lydec (CS:LYD) was up 4.90% or 28.80 points to 617.00 in late trade.
The worst performers of the session were Timar (CS:TIM), which fell 5.53% or 11.95 points to trade at 204.05 at the close. Stokvis Nord Afrique (CS:SNA) declined 5.44% or 0.98 points to end at 17.02 and Alliances (CS:ADI) was down 4.24% or 7 points to 158.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 20 to 18 and 6 ended unchanged.
Shares in Sothema (CS:SOT) rose to all time highs; up 5.94% or 92 to 1642. Shares in Stokvis Nord Afrique (CS:SNA) fell to all time lows; down 5.44% or 0.98 to 17.02.
Crude oil for May delivery was up 2.01% or 1.32 to $66.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.55% or 1.10 to hit $72.14 a barrel, while the June Gold Futures contract rose 0.94% or 12.60 to trade at $1358.50 a troy ounce.
EUR/MAD was up 0.08% to 11.3410, while USD/MAD fell 0.06% to 9.1666.
The US Dollar Index Futures was down 0.12% at 89.21.