Morocco shares lower at close of trade; Moroccan All Shares down 0.17%

Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Pharmaceutical Industry, Utilities and Distributors sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.17%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CSE:IBC), which rose 3.31% or 1.24 points to trade at 38.74 at the close. Involys (CSE:INV) added 3.13% or 3.30 points to end at 108.80 and Residences Dar Saada SA (CSE:RDS) was up 3.07% or 2.27 points to 76.28 in late trade.

Biggest losers included Realis. Mecaniques (CSE:SRM), which lost 4.15% or 21.00 points to trade at 485.00 in late trade. Cartier Saada (CSE:CRS) declined 3.85% or 1.50 points to end at 37.50 and Marocaine Ste de Therapeutique SA (CSE:SOT) shed 3.32% or 35.00 points to 1,020.00.

Declining stocks outnumbered rising ones by 28 to 18 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.02% or 0.67 to $66.42 a barrel. Meanwhile, Brent oil for delivery in November rose 0.79% or 0.55 to hit $69.74 a barrel, while the December Gold Futures contract fell 0.10% or 2.60 to trade at $2,540.50 a troy ounce.

EUR/MAD was up 0.19% to 10.77, while USD/MAD unchanged 0.03% to 9.75.

The US Dollar Index Futures was up 0.08% at 101.68.