Morocco shares lower at close of trade; Moroccan All Shares down 0.24%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.24%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Friday, as losses in the Transport , Real Estate and Insurance sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.24% to hit a new 1-month low.

The biggest gainers of the session on the Moroccan All Shares were Jet Contractors (CS: JET ), which rose 9.47% or 27.00 points to trade at 312.00 at the close. Ennakl Automobiles SA (CS: NKL ) added 9.15% or 4.60 points to end at 54.85 and BMCI (CS: BMCI ) was up 7.91% or 55 points to 750 in late trade.

Biggest losers included CTM (CS: CTM ), which lost 9.95% or 97.50 points to trade at 882.50 in late trade. Miniere Touissit (CS: CMT ) declined 7.50% or 120 points to end at 1480 and IB Maroc Com SA (CS: IBC ) shed 5.77% or 7.60 points to 124.20.

Advancing stocks outnumbered falling ones by 23 to 21 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.19% or 0.10 to $51.66 a barrel. Meanwhile, Brent oil for delivery in December fell 0.56% or 0.32 to hit $56.84 a barrel, while the December Gold Futures contract fell 0.22% or 2.79 to trade at $1285.91 a troy ounce.

EUR/MAD was up 0.05% to 11.1170, while USD/MAD fell 0.19% to 9.4102.

The US Dollar Index Futures was up 0.08% at 93.02.

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