Morocco shares lower at close of trade; Moroccan All Shares down 0.35%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.35%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Beverage , Distributors and Software & Computer Services sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.35% to hit a new 1-month low.

The biggest gainers of the session on the Moroccan All Shares were Ennakl Automobiles SA (CS: NKL ), which rose 9.71% or 3.40 points to trade at 38.40 at the close. Stroc Industrie (CS: STR ) added 9.12% or 2.28 points to end at 27.28 and Fenie Brossette (CS: FBR ) was up 8.43% or 7.00 points to 90.00 in late trade.

Biggest losers included Brasseries Du Maroc (CS: SBM ), which lost 9.53% or 274 points to trade at 2600 in late trade. Disway SA (CS: DWY ) declined 9.20% or 32.00 points to end at 316.00 and Promopharm S.A. (CS: PRO ) shed 5.34% or 57 points to 1010.

Advancing stocks outnumbered falling ones by 20 to 19 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.96% or 0.66 to $69.31 a barrel. Meanwhile, Brent oil for delivery in December rose 1.06% or 0.84 to hit $80.13 a barrel, while the December Gold Futures contract rose 0.04% or 0.50 to trade at $1230.60 a troy ounce.

EUR/MAD was up 0.18% to 10.9040, while USD/MAD fell 0.39% to 9.4701.

The US Dollar Index Futures was down 0.33% at 95.40.

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