Morocco shares lower at close of trade; Moroccan All Shares down 0.83%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.83%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Utilities , Forestry & Paper and Real Estate sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.83%.

The biggest gainers of the session on the Moroccan All Shares were Stokvis Nord Afrique (CS: SNA ), which rose 8.93% or 1.25 points to trade at 15.25 at the close. Saham Assurance (CS: SAH ) added 3.70% or 50 points to end at 1400 and Jet Contractors (CS: JET ) was up 3.14% or 10.05 points to 330.05 in late trade.

Biggest losers included Residences Dar Saada SA (CS: RDS ), which lost 8.90% or 9.09 points to trade at 93.01 in late trade. Stroc Industrie (CS: STR ) declined 8.65% or 2.30 points to end at 24.30 and Auto Hall (CS: AUTO ) shed 6.88% or 5.50 points to 74.50.

Declining stocks outnumbered rising ones by 26 to 16 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for January delivery was down 2.83% or 1.49 to $51.09 a barrel. Meanwhile, Brent oil for delivery in February fell 2.15% or 1.32 to hit $60.13 a barrel, while the February Gold Futures contract fell 0.32% or 4.00 to trade at $1243.40 a troy ounce.

EUR/MAD was up 0.06% to 10.8570, while USD/MAD rose 0.66% to 9.6127.

The US Dollar Index Futures was up 0.42% at 97.468.

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