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

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Morocco shares lower at close of trade; Moroccan All Shares down 0.37%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Hotels, Restaurants & Leisure , Construction & Building Materials and Forestry & Paper 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 Oulmes (CS: OULM ), which rose 5.97% or 101 points to trade at 1793 at the close. Promopharm S.A. (CS: PRO ) added 5.93% or 88 points to end at 1571 and Miniere Touissit (CS: CMT ) was up 4.31% or 67 points to 1620 in late trade.

Biggest losers included Involys (CS: INV ), which lost 6.55% or 9.10 points to trade at 129.90 in late trade. Sonasid (CS: SOND ) declined 6.28% or 50 points to end at 746 and Residences Dar Saada SA (CS: RDS ) shed 5.52% or 9.00 points to 154.00.

Declining stocks outnumbered rising ones by 22 to 19 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.75% or 0.46 to $62.09 a barrel. Meanwhile, Brent oil for delivery in March rose 0.27% or 0.18 to hit $68.02 a barrel, while the February Gold Futures contract rose 0.15% or 2.00 to trade at $1320.50 a troy ounce.

EUR/MAD was up 0.24% to 11.2500, while USD/MAD fell 0.25% to 9.3172.

The US Dollar Index Futures was down 0.24% at 91.67.

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