Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Utilities, Distributors and Mining sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares lost 0.18%.
The best performers of the session on the Moroccan All Shares were Realis. Mecaniques (CSE:SRM), which rose 9.98% or 30.45 points to trade at 335.45 at the close. Meanwhile, CDM (CSE:CDM) added 5.11% or 45.20 points to end at 930.00 and Aradei Capital SA (CSE:ARD) was up 1.96% or 9.80 points to 509.90 in late trade.
The worst performers of the session were Taqa Morocco SA (CSE:TQM), which fell 3.76% or 50.00 points to trade at 1,280.00 at the close. SMI (CSE:SMI) declined 3.59% or 82.00 points to end at 2,203.00 and S2M (CSE:S2M) was down 2.56% or 5.00 points to 190.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 21 to 19 and 16 ended unchanged.
Shares in Realis. Mecaniques (CSE:SRM) rose to 5-year highs; rising 9.98% or 30.45 to 335.45.
Crude oil for September delivery was up 3.25% or 2.38 to $75.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 2.79% or 2.13 to hit $78.61 a barrel, while the December Gold Futures contract rose 0.38% or 9.25 to trade at $2,440.85 a troy ounce.
EUR/MAD was down 0.17% to 10.72, while USD/MAD fell 0.24% to 9.81.
The US Dollar Index Futures was up 0.19% at 102.95.