Morocco shares lower at close of trade; Moroccan All Shares down 0.07%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.07%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Food Producers & Processors , Forestry & Paper and Distributors sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.07% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were Dari Couspate SA (CS: DRI ), which rose 5.99% or 306 points to trade at 5416 at the close. Atlanta (CS: ATL ) added 5.70% or 3.85 points to end at 71.35 and Miniere Touissit (CS: CMT ) was up 3.33% or 50 points to 1550 in late trade.

Biggest losers included Delattre Levivier Maroc (CS: DLM ), which lost 5.99% or 9.65 points to trade at 151.45 in late trade. SMI (CS: SMI ) declined 5.96% or 143 points to end at 2257 and Cosumar (CS: CSMR ) shed 5.26% or 9 points to 161.

Declining stocks outnumbered rising ones by 15 to 15 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.24% or 0.16 to $67.59 a barrel. Meanwhile, Brent oil for delivery in September fell 1.15% or 0.84 to hit $72.06 a barrel, while the August Gold Futures contract fell 0.75% or 9.20 to trade at $1218.70 a troy ounce.

EUR/MAD was down 0.05% to 11.0330, while USD/MAD rose 0.06% to 9.4849.

The US Dollar Index Futures was up 0.21% at 95.04.

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