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Morocco shares lower at close of trade; Moroccan All Shares down 0.34%

Published 06-12-2018, 10:35 pm
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.34%

Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Insurance, Hotels, Restaurants & Leisure and Software & Computer Services sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.34%.

The biggest gainers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 7.36% or 5 points to trade at 79 at the close. Med Paper (CS:PAP) added 4.71% or 0.99 points to end at 21.99 and CIH (CS:CIH) was up 4.45% or 12.70 points to 298.00 in late trade.

Biggest losers included Micro Data SA (CS:MIC), which lost 8.16% or 21.80 points to trade at 245.20 in late trade. M2M Group (CS:M2M) declined 5.49% or 25.00 points to end at 430.10 and Wafa Assurance (CS:WASS) shed 5.18% or 224 points to 4101.

Advancing stocks outnumbered falling ones by 16 to 14 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 3.42% or 1.81 to $51.08 a barrel. Meanwhile, Brent oil for delivery in February fell 3.43% or 2.11 to hit $59.45 a barrel, while the February Gold Futures contract rose 0.23% or 2.80 to trade at $1245.40 a troy ounce.

EUR/MAD was up 0.11% to 10.7990, while USD/MAD fell 0.11% to 9.5003.

The US Dollar Index Futures was down 0.28% at 96.743.

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