Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Chemicals, Telecoms and Distributors sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 2.07% to hit a new 1-month low.
The best performers of the session on the Moroccan All Shares were Risma (CS:RIS), which rose 7.70% or 9.65 points to trade at 134.95 at the close. Meanwhile, Saham Assurance (CS:SAH) added 3.36% or 39 points to end at 1200 and Wafa Assurance (CS:WASS) was up 3.04% or 140 points to 4740 in late trade.
The worst performers of the session were Fenie Brossette (CS:FBR), which fell 6.86% or 11.85 points to trade at 161.00 at the close. Dari Couspate SA (CS:DRI) declined 6.00% or 155 points to end at 2430 and Snep (CS:SNP) was down 4.94% or 20.00 points to 385.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 32 to 7 and 10 ended unchanged.
Shares in Risma (CS:RIS) rose to 52-week highs; up 7.70% or 9.65 to 134.95.
Crude oil for April delivery was down 1.56% or 0.85 to $53.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 1.64% or 0.93 to hit $55.73 a barrel, while the April Gold Futures contract fell 0.44% or 5.45 to trade at $1233.45 a troy ounce.
EUR/MAD was up 0.09% to 10.6780, while USD/MAD fell 0.06% to 10.1204.
The US Dollar Index Futures was down 0.04% at 101.41.