Morocco shares lower at close of trade; Moroccan All Shares down 0.22%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.22%
Credit: © Reuters. – Morocco equities were lower at the close on Monday, as losses in the Utilities , Hotels, Restaurants & Leisure and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.22%.

The biggest gainers of the session on the Moroccan All Shares were Maghreb Oxygene (CS: OXYG ), which rose 5.83% or 8.75 points to trade at 158.75 at the close. Taslif (CS: TSF1 ) added 5.52% or 1.34 points to end at 25.60 and Ennakl Automobiles SA (CS: NKL ) was up 4.28% or 2.05 points to 49.95 in late trade.

Biggest losers included Residences Dar Saada SA (CS: RDS ), which lost 2.69% or 3.90 points to trade at 141.00 in late trade. Lydec (CS: LYD ) declined 2.48% or 15.50 points to end at 610.00 and LafargeHolcim Maroc (CS: LHM ) shed 1.98% or 40 points to 1980.

Declining stocks outnumbered rising ones by 23 to 17 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was down 1.15% or 0.76 to $65.38 a barrel. Meanwhile, Brent oil for delivery in April fell 1.53% or 1.07 to hit $69.08 a barrel, while the February Gold Futures contract fell 1.01% or 13.60 to trade at $1338.50 a troy ounce.

EUR/MAD was down 0.26% to 11.3410, while USD/MAD rose 0.30% to 9.1809.

The US Dollar Index Futures was up 0.59% at 89.39.

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