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

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Morocco shares lower at close of trade; Moroccan All Shares down 0.35%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Real Estate , Food Producers & Processors and Oil & Gas sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.35%.

The biggest gainers of the session on the Moroccan All Shares were Brasseries Du Maroc (CS: SBM ), which rose 9.80% or 250 points to trade at 2800 at the close. Cartier Saada (CS: CRS ) added 3.48% or 0.80 points to end at 23.80 and CIH (CS: CIH ) was up 1.75% or 5.00 points to 290.00 in late trade.

Biggest losers included Douja Prom Addoha (CS: ADH ), which lost 9.94% or 1.61 points to trade at 14.59 in late trade. Total Maroc SA (CS: TMA ) declined 3.80% or 38.0 points to end at 962.0 and Cosumar (CS: CSMR ) shed 2.94% or 5 points to 164.

Declining stocks outnumbered rising ones by 11 to 8 and 12 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.35% or 0.74 to $53.89 a barrel. Meanwhile, Brent oil for delivery in January fell 1.13% or 0.72 to hit $62.76 a barrel, while the December Gold Futures contract rose 0.03% or 0.40 to trade at $1228.40 a troy ounce.

EUR/MAD was up 0.08% to 10.8150, while USD/MAD fell 0.11% to 9.4825.

The US Dollar Index Futures was down 0.21% at 96.380.

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