Morocco shares lower at close of trade; Moroccan All Shares down 0.02%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.02%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Mining , Chemicals and Banking sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.02% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 5.53% or 26.20 points to trade at 500.00 at the close. Stroc Industrie (CS: STR ) added 3.93% or 1.08 points to end at 28.59 and Sonasid (CS: SOND ) was up 3.33% or 17 points to 540 in late trade.

Biggest losers included Managem (CS: MNG ), which lost 9.95% or 138 points to trade at 1249 in late trade. Agma Lahlou-Tazi (CS: AGMA ) declined 5.47% or 168 points to end at 2901 and Snep (CS: SNP ) shed 3.04% or 20.00 points to 638.00.

Advancing stocks outnumbered falling ones by 15 to 13 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.90% or 0.63 to $69.75 a barrel. Meanwhile, Brent oil for delivery in September rose 0.44% or 0.32 to hit $73.72 a barrel, while the August Gold Futures contract rose 0.21% or 2.60 to trade at $1247.00 a troy ounce.

EUR/MAD was up 0.03% to 11.0610, while USD/MAD fell 0.05% to 9.4668.

The US Dollar Index Futures was up 0.01% at 94.49.

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