Morocco shares lower at close of trade; Moroccan All Shares down 0.26%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.26%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Insurance , Software & Computer Services and Utilities sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.26% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were Stroc Industrie (CS: STR ), which rose 9.97% or 2.42 points to trade at 26.70 at the close. Timar (CS: TIM ) added 5.69% or 12.00 points to end at 223.00 and Aluminum mar 1l (CS: ALU ) was up 5.52% or 89 points to 1700 in late trade.

Biggest losers included Disway SA (CS: DWY ), which lost 9.99% or 35.95 points to trade at 324.05 in late trade. Ennakl Automobiles SA (CS: NKL ) declined 9.05% or 3.43 points to end at 34.45 and Wafa Assurance (CS: WASS ) shed 4.65% or 190 points to 3900.

Declining stocks outnumbered rising ones by 18 to 17 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.46% or 0.31 to $67.64 a barrel. Meanwhile, Brent oil for delivery in December rose 0.74% or 0.57 to hit $77.46 a barrel, while the December Gold Futures contract rose 0.50% or 6.10 to trade at $1235.20 a troy ounce.

EUR/MAD was up 0.14% to 10.8580, while USD/MAD fell 0.04% to 9.5367.

The US Dollar Index Futures was down 0.25% at 96.21.

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