Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Construction & Building Materials, Pharmaceutical Industry and Food Producers & Processors sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.41%.
The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 9.99% or 1.90 points to trade at 20.91 at the close. Meanwhile, Ennakl Automobiles SA (CS:NKL) added 6.40% or 2.28 points to end at 37.88 and Snep (CS:SNP) was up 3.33% or 15.80 points to 490.00 in late trade.
The worst performers of the session were Promopharm S.A. (CS:PRO), which fell 5.99% or 60 points to trade at 950 at the close. M2M Group (CS:M2M) declined 4.43% or 21.90 points to end at 473.00 and Taqa Morocco SA (CS:TQM) was down 3.58% or 32.00 points to 863.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 16 to 13 and 6 ended unchanged.
Shares in Promopharm S.A. (CS:PRO) fell to 52-week lows; down 5.99% or 60 to 950.
Crude oil for December delivery was up 1.43% or 0.95 to $67.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.88% or 0.67 to hit $77.11 a barrel, while the December Gold Futures contract fell 0.23% or 2.80 to trade at $1230.60 a troy ounce.
EUR/MAD was down 0.29% to 10.8570, while USD/MAD rose 0.42% to 9.5329.
The US Dollar Index Futures was up 0.51% at 96.20.