Morocco shares lower at close of trade; Moroccan All Shares down 0.33%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.33%
Credit: © Reuters. – Morocco equities were lower at the close on Monday, as losses in the Hotels, Restaurants & Leisure , Electrical & Electronic equipment and Distributors sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.33%.

The biggest gainers of the session on the Moroccan All Shares were Salafin (CS: SLF ), which rose 3.92% or 40 points to trade at 1060 at the close. Med Paper (CS: PAP ) added 3.56% or 1.12 points to end at 32.56 and Lydec (CS: LYD ) was up 2.48% or 14.90 points to 615.00 in late trade.

Biggest losers included SMI (CS: SMI ), which lost 5.21% or 198 points to trade at 3600 in late trade. Sonasid (CS: SOND ) declined 5.09% or 36 points to end at 671 and Label Vie (CS: LBV ) shed 4.38% or 84 points to 1835.

Declining stocks outnumbered rising ones by 24 to 14 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.51% or 0.32 to $62.09 a barrel. Meanwhile, Brent oil for delivery in May fell 0.26% or 0.17 to hit $66.04 a barrel, while the April Gold Futures contract rose 0.47% or 6.20 to trade at $1318.50 a troy ounce.

EUR/MAD was up 0.10% to 11.3050, while USD/MAD fell 0.22% to 9.1701.

The US Dollar Index Futures was down 0.43% at 89.41.

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