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Morocco shares lower at close of trade; Moroccan All Shares down 0.71%

Published 03-09-2018, 10:35 pm
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.71%

Investing.com – Morocco equities were lower at the close on Monday, as losses in the Real Estate, Food Producers & Processors and Invest Companies & Other Finance sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.71% to hit a new 1-month low.

The biggest gainers of the session on the Moroccan All Shares were Snep (CS:SNP), which rose 9.36% or 44.00 points to trade at 514.00 at the close. Zellidja S.A (CS:ZELI) added 5.94% or 6.60 points to end at 117.80 and Realis. Mecaniques (CS:SRM) was up 5.86% or 14.95 points to 270.00 in late trade.

Biggest losers included Colorado (CS:COL), which lost 8.90% or 6.50 points to trade at 66.50 in late trade. Residences Dar Saada SA (CS:RDS) declined 7.25% or 8.40 points to end at 107.50 and Atlanta (CS:ATL) shed 7.13% or 4.99 points to 65.00.

Declining stocks outnumbered rising ones by 21 to 9 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.49% or 0.34 to $70.11 a barrel. Meanwhile, Brent oil for delivery in November rose 0.62% or 0.48 to hit $78.12 a barrel, while the December Gold Futures contract rose 0.22% or 2.60 to trade at $1207.00 a troy ounce.

EUR/MAD was up 0.10% to 10.9630, while USD/MAD fell 0.02% to 9.4345.

The US Dollar Index Futures was up 0.02% at 95.07.

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