Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Hotels, Restaurants & Leisure, Mining and Banking sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.93% to hit a new 1-month low.
The best performers of the session on the Moroccan All Shares were Agma Lahlou-Tazi (CS:AGMA), which rose 5.98% or 165 points to trade at 2925 at the close. Meanwhile, Stokvis Nord Afrique (CS:SNA) added 4.67% or 0.87 points to end at 19.50 and Med Paper (CS:PAP) was up 3.48% or 1.02 points to 30.33 in late trade.
The worst performers of the session were Managem (CS:MNG), which fell 4.01% or 71 points to trade at 1700 at the close. Marsa Maroc SA (CS:MSA) declined 3.87% or 6.30 points to end at 156.70 and Jet Contractors (CS:JET) was down 3.74% or 15.15 points to 390.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 15 and 7 ended unchanged.
Crude oil for May delivery was up 2.27% or 1.44 to $64.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.46% or 1.66 to hit $69.08 a barrel, while the April Gold Futures contract rose 0.94% or 12.30 to trade at $1324.20 a troy ounce.
EUR/MAD was up 0.08% to 11.2900, while USD/MAD fell 0.12% to 9.2044.
The US Dollar Index Futures was down 0.28% at 89.76.