Morocco shares lower at close of trade; Moroccan All Shares down 0.10%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.10%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Friday, as losses in the Utilities , Insurance and Software & Computer Services sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.10%.

The biggest gainers of the session on the Moroccan All Shares were Label Vie (CS: LBV ), which rose 7.35% or 150 points to trade at 2190 at the close. Ennakl Automobiles SA (CS: NKL ) added 6.08% or 2.39 points to end at 41.69 and Auto Nejma (CS: NEJ1 ) was up 5.96% or 120 points to 2134 in late trade.

Biggest losers included BMCI (CS: BMCI ), which lost 9.99% or 76 points to trade at 686 in late trade. Saham Assurance (CS: SAH ) declined 8.25% or 125 points to end at 1390 and Fenie Brossette (CS: FBR ) shed 7.76% or 8.13 points to 96.67.

Declining stocks outnumbered rising ones by 22 to 21 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.08% or 0.79 to $73.73 a barrel. Meanwhile, Brent oil for delivery in September fell 0.28% or 0.22 to hit $77.17 a barrel, while the August Gold Futures contract fell 0.20% or 2.50 to trade at $1256.30 a troy ounce.

EUR/MAD was up 0.15% to 11.0820, while USD/MAD fell 0.29% to 9.4382.

The US Dollar Index Futures was down 0.40% at 93.75.

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