Morocco shares lower at close of trade; Moroccan All Shares down 0.09%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.09%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Utilities , Forestry & Paper and Mining sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.09% to hit a new 1-month low.

The biggest gainers of the session on the Moroccan All Shares were Nexans Maroc (CS: NEX ), which rose 2.99% or 3.95 points to trade at 135.95 at the close. Risma (CS: RIS ) added 2.80% or 4.35 points to end at 159.95 and BCP (CS: BCP ) was up 2.59% or 7.55 points to 299.00 in late trade.

Biggest losers included Stokvis Nord Afrique (CS: SNA ), which lost 3.59% or 0.70 points to trade at 18.80 in late trade. Ciments Du Maroc (CS: SCM ) declined 3.26% or 59 points to end at 1750 and Fenie Brossette (CS: FBR ) shed 3.20% or 4.00 points to 121.00.

Declining stocks outnumbered rising ones by 23 to 11 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was down 1.15% or 0.75 to $64.42 a barrel. Meanwhile, Brent oil for delivery in May fell 0.76% or 0.53 to hit $68.94 a barrel, while the April Gold Futures contract rose 0.31% or 4.10 to trade at $1325.60 a troy ounce.

EUR/MAD was down 0.08% to 11.3080, while USD/MAD rose 0.23% to 9.1887.

The US Dollar Index Futures was up 0.22% at 89.48.

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