Morocco shares lower at close of trade; Moroccan All Shares down 0.36%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.36%
Credit: © Reuters. – Morocco equities were lower at the close on Thursday, as losses in the Real Estate , Invest Companies & Other Finance and Mining sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.36% to hit a new 52-week low.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS: PAP ), which rose 9.76% or 2.04 points to trade at 22.95 at the close. Timar (CS: TIM ) added 5.55% or 11.10 points to end at 211.00 and Atlanta (CS: ATL ) was up 4.42% or 2.62 points to 61.89 in late trade.

Biggest losers included Stroc Industrie (CS: STR ), which lost 9.91% or 2.67 points to trade at 24.28 in late trade. Residences Dar Saada SA (CS: RDS ) declined 5.67% or 5.50 points to end at 91.50 and BMCI (CS: BMCI ) shed 5.33% or 40 points to 710.

Declining stocks outnumbered rising ones by 18 to 12 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.69% or 0.46 to $67.28 a barrel. Meanwhile, Brent oil for delivery in December rose 0.62% or 0.47 to hit $76.64 a barrel, while the December Gold Futures contract rose 0.37% or 4.60 to trade at $1232.40 a troy ounce.

EUR/MAD was down 0.06% to 10.8480, while USD/MAD rose 0.19% to 9.5475.

The US Dollar Index Futures was up 0.25% at 96.42.

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