Morocco shares lower at close of trade; Moroccan All Shares down 0.05%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.05%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Forestry & Paper , Utilities and Real Estate sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.05%.

The biggest gainers of the session on the Moroccan All Shares were Saham Assurance (CS: SAH ), which rose 6.45% or 103 points to trade at 1700 at the close. Zellidja S.A (CS: ZELI ) added 5.96% or 8.80 points to end at 156.40 and Eqdom (CS: EQDM ) was up 4.17% or 50 points to 1250 in late trade.

Biggest losers included M2M Group (CS: M2M ), which lost 4.32% or 19.00 points to trade at 421.00 in late trade. Micro Data SA (CS: MIC ) declined 4.16% or 12.20 points to end at 280.80 and Disway SA (CS: DWY ) shed 2.89% or 14.00 points to 471.00.

Advancing stocks outnumbered falling ones by 23 to 20 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.79% or 0.52 to $66.03 a barrel. Meanwhile, Brent oil for delivery in March rose 0.06% or 0.04 to hit $70.46 a barrel, while the February Gold Futures contract fell 0.76% or 10.40 to trade at $1352.50 a troy ounce.

EUR/MAD was up 0.13% to 11.3680, while USD/MAD fell 0.21% to 9.1439.

The US Dollar Index Futures was down 0.39% at 88.84.

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