Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Holding Companies, Hotels, Restaurants & Leisure and Oil & Gas sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares lost 0.33%.
The best performers of the session on the Moroccan All Shares were Maghreb Oxygene (CS:OXYG), which rose 5.82% or 6.00 points to trade at 109.00 at the close. Meanwhile, Timar (CS:TIM) added 5.77% or 23.70 points to end at 434.00 and Brasseries Du Maroc (CS:SBM) was up 5.06% or 106 points to 2200 in late trade.
The worst performers of the session were Alliances (CS:ADI), which fell 10.00% or 7 points to trade at 63 at the close. Fenie Brossette (CS:FBR) declined 5.63% or 7.30 points to end at 122.20 and Miniere Touissit (CS:CMT) was down 5.57% or 65 points to 1100.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 25 to 12 and 5 ended unchanged.
Shares in Alliances (CS:ADI) fell to all time lows; falling 10.00% or 7 to 63. Shares in Miniere Touissit (CS:CMT) fell to 5-year lows; losing 5.57% or 65 to 1100.
Crude oil for August delivery was down 3.04% or 1.81 to $57.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.58% or 1.00 to hit $62.59 a barrel, while the August Gold contract fell 0.22% or 2.60 to trade at $1169.20 a troy ounce.
EUR/MAD was down 0.23% to 10.8120, while USD/MAD rose 0.40% to 9.7583.
The US Dollar Index was up 0.55% at 96.28.