Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Holding Companies, Food Producers & Processors and Banking sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.17%.
The best performers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 7.29% or 6.50 points to trade at 95.70 at the close. Meanwhile, CDM (CS:CDM) added 5.64% or 26 points to end at 486 and M2M Group (CS:M2M) was up 3.78% or 10.90 points to 298.90 in late trade.
The worst performers of the session were IB Maroc Com SA (CS:IBC), which fell 4.31% or 4.41 points to trade at 97.84 at the close. Ennakl Automobiles SA (CS:NKL) declined 2.86% or 1.46 points to end at 49.54 and Sonasid (CS:SOND) was down 2.59% or 8 points to 291.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 10 and 10 ended unchanged.
Crude oil for November delivery was up 2.80% or 1.41 to $51.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.28% or 1.18 to hit $52.86 a barrel, while the December Gold contract rose 0.57% or 7.25 to trade at $1270.15 a troy ounce.
EUR/MAD was up 0.08% to 10.8260, while USD/MAD rose 0.06% to 9.8599.
The US Dollar Index was up 0.04% at 97.92.