Morocco shares lower at close of trade; Moroccan All Shares down 0.37%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.37%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Holding Companies , Mining and Hotels, Restaurants & Leisure sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.37%.

The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS: M2M ), which rose 9.99% or 42.45 points to trade at 467.45 at the close. Ennakl Automobiles SA (CS: NKL ) added 7.64% or 2.45 points to end at 34.50 and Colorado (CS: COL ) was up 7.34% or 4.99 points to 73.00 in late trade.

Biggest losers included Saham Assurance (CS: SAH ), which lost 9.93% or 139 points to trade at 1261 in late trade. Delta Holding S.A (CS: DHO ) declined 9.09% or 3.12 points to end at 31.20 and Fenie Brossette (CS: FBR ) shed 7.72% or 7.95 points to 95.00.

Declining stocks outnumbered rising ones by 28 to 17 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for November delivery was up 2.02% or 1.46 to $73.58 a barrel. Meanwhile, Brent oil for delivery in December rose 2.22% or 1.81 to hit $83.19 a barrel, while the December Gold Futures contract rose 0.71% or 8.40 to trade at $1195.80 a troy ounce.

EUR/MAD was down 0.10% to 10.9370, while USD/MAD rose 0.23% to 9.4260.

The US Dollar Index Futures was up 0.12% at 94.72.

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