Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Forestry & Paper, Hotels, Restaurants & Leisure and Insurance sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares lost 0.70%.
The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 5.97% or 7.75 points to trade at 137.40 at the close. Meanwhile, Maghreb Oxygene (CS:OXYG) added 4.93% or 4.80 points to end at 102.00 and Hps (CS:HPS) was up 4.71% or 25.00 points to 555.00 in late trade.
The worst performers of the session were Stokvis Nord Afrique (CS:SNA), which fell 5.99% or 1.50 points to trade at 23.51 at the close. Involys (CS:INV) declined 5.98% or 7.30 points to end at 114.65 and Med Paper (CS:PAP) was down 5.96% or 0.99 points to 15.61.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 23 to 18 and 3 ended unchanged.
Shares in IB Maroc Com SA (CS:IBC) rose to 52-week highs; up 5.97% or 7.75 to 137.40.
Crude oil for September delivery was up 1.08% or 0.49 to $45.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.44% or 0.67 to hit $47.33 a barrel, while the August Gold contract fell 1.02% or 13.55 to trade at $1318.75 a troy ounce.
EUR/MAD was down 0.07% to 10.8480, while USD/MAD rose 0.20% to 9.8533.
The US Dollar Index was up 0.14% at 97.20.