Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Forestry & Paper, Chemicals and Utilities sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.87%.
The best performers of the session on the Moroccan All Shares were SMI (CS:SMI), which rose 2.99% or 80 points to trade at 2750 at the close. Meanwhile, CTM (CS:CTM) added 2.19% or 10.00 points to end at 465.00 and Residences Dar Saada SA (CS:RDS) was up 1.77% or 3.00 points to 172.00 in late trade.
The worst performers of the session were Samir (CS:SAMI), which fell 5.98% or 8.50 points to trade at 133.50 at the close. Micro Data SA (CS:MIC) declined 5.97% or 8.00 points to end at 126.00 and Eqdom (CS:EQDM) was down 5.93% or 70 points to 1110.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 25 to 7 and 8 ended unchanged.
Shares in Samir (CS:SAMI) fell to all time lows; falling 5.98% or 8.50 to 133.50. Shares in CTM (CS:CTM) rose to 5-year highs; up 2.19% or 10.00 to 465.00. Shares in Micro Data SA (CS:MIC) fell to 52-week lows; down 5.97% or 8.00 to 126.00. Shares in Eqdom (CS:EQDM) fell to 5-year lows; down 5.93% or 70 to 1110.
Crude oil for September delivery was down 1.62% or 0.74 to $45.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.77% or 0.89 to hit $49.10 a barrel, while the December Gold contract fell 0.63% or 6.90 to trade at $1083.80 a troy ounce.
EUR/MAD was down 0.04% to 10.7560, while USD/MAD fell 0.00% to 9.8797.
The US Dollar Index was up 0.19% at 98.23.