Investing.com – Morocco stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Insurance and Chemicals sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares fell 0.44%.
The best performers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 7.69% or 1.50 points to trade at 21.00 at the close. Meanwhile, Med Paper (CS:PAP) added 6.00% or 0.84 points to end at 14.84 and Dari Couspate SA (CS:DRI) was up 5.88% or 96 points to 1728 in late trade.
The worst performers of the session were Afriquia Gaz (CS:AGAZ1), which fell 5.48% or 118 points to trade at 2032 at the close. Alliances (CS:ADI) declined 4.77% or 3 points to end at 62 and Wafa Assurance (CS:WASS) was down 4.73% or 172 points to 3461.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 16 to 16 and 6 ended unchanged.
Shares in Dari Couspate SA (CS:DRI) rose to all time highs; up 5.88% or 96 to 1728.
Crude oil for July delivery was up 1.31% or 0.66 to $51.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 1.61% or 0.83 to hit $52.27 a barrel, while the August Gold contract rose 1.29% or 16.05 to trade at $1263.05 a troy ounce.
EUR/MAD was up 0.12% to 10.9730, while USD/MAD fell 0.19% to 9.6255.
The US Dollar Index was down 0.34% at 93.52.