Morocco shares lower at close of trade; Moroccan All Shares down 0.30%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.30%
Credit: © Reuters. – Morocco equities were lower at the close on Monday, as losses in the Transport , Pharmaceutical Industry and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.30% to hit a new 1-month low.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS: PAP ), which rose 6.82% or 1.50 points to trade at 23.50 at the close. Cartier Saada (CS: CRS ) added 6.63% or 1.99 points to end at 31.99 and Stroc Industrie (CS: STR ) was up 6.00% or 1.50 points to 26.50 in late trade.

Biggest losers included CTM (CS: CTM ), which lost 3.33% or 30.00 points to trade at 870.00 in late trade. Sonasid (CS: SOND ) declined 3.09% or 12 points to end at 388 and Sothema (CS: SOT ) shed 2.38% or 39 points to 1600.

Advancing stocks outnumbered falling ones by 17 to 13 and 5 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.62% or 0.32 to $51.27 a barrel. Meanwhile, Brent oil for delivery in March fell 0.91% or 0.55 to hit $59.93 a barrel, while the February Gold Futures contract rose 0.12% or 1.55 to trade at $1291.05 a troy ounce.

EUR/MAD was up 0.38% to 10.9218, while USD/MAD rose 0.27% to 9.5186.

The US Dollar Index Futures was down 0.09% at 95.178.

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