Morocco shares lower at close of trade; Moroccan All Shares down 0.16%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.16%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Forestry & Paper , Hotels, Restaurants & Leisure and Holding Companies sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.16% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were Snep (CS: SNP ), which rose 4.29% or 21.00 points to trade at 510.00 at the close. Auto Hall (CS: AUTO ) added 3.13% or 2.50 points to end at 82.50 and Miniere Touissit (CS: CMT ) was up 1.38% or 20 points to 1470 in late trade.

Biggest losers included Med Paper (CS: PAP ), which lost 5.74% or 1.26 points to trade at 20.70 in late trade. Atlanta (CS: ATL ) declined 5.09% or 3.14 points to end at 58.56 and Alliances (CS: ADI ) shed 3.36% or 3 points to 86.

Declining stocks outnumbered rising ones by 24 to 13 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was down 1.05% or 0.67 to $63.02 a barrel. Meanwhile, Brent oil for delivery in January fell 0.34% or 0.25 to hit $72.64 a barrel, while the December Gold Futures contract fell 0.17% or 2.10 to trade at $1233.90 a troy ounce.

EUR/MAD was down 0.17% to 10.8370, while USD/MAD rose 0.07% to 9.5219.

The US Dollar Index Futures was up 0.27% at 96.34.

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