Morocco shares lower at close of trade; Moroccan All Shares down 0.01%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.01%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Construction & Building Materials , Hotels, Restaurants & Leisure and Mining sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.01%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS: IBC ), which rose 6.72% or 4.40 points to trade at 69.90 at the close. Alliances (CS: ADI ) added 4.50% or 5 points to end at 115 and Douja Prom Addoha (CS: ADH ) was up 3.93% or 0.70 points to 18.50 in late trade.

Biggest losers included M2M Group (CS: M2M ), which lost 7.12% or 34.90 points to trade at 455.10 in late trade. Stroc Industrie (CS: STR ) declined 5.14% or 1.49 points to end at 27.50 and BMCI (CS: BMCI ) shed 4.56% or 41 points to 859.

Advancing stocks outnumbered falling ones by 17 to 9 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was down 1.13% or 0.84 to $73.30 a barrel. Meanwhile, Brent oil for delivery in September fell 0.23% or 0.18 to hit $78.06 a barrel, while the August Gold Futures contract rose 0.34% or 4.30 to trade at $1257.80 a troy ounce.

EUR/MAD was up 0.10% to 11.0640, while USD/MAD fell 0.21% to 9.4624.

The US Dollar Index Futures was down 0.07% at 94.12.

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