Morocco shares lower at close of trade; Moroccan All Shares down 1.05%

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Morocco shares lower at close of trade; Moroccan All Shares down 1.05%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Real Estate , Construction & Building Materials and Banking sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 1.05%.

The biggest gainers of the session on the Moroccan All Shares were Cartier Saada (CS: CRS ), which rose 9.97% or 3.19 points to trade at 35.19 at the close. Med Paper (CS: PAP ) added 9.95% or 2.13 points to end at 23.53 and Afric Industries Sa (CS: AFIND ) was up 5.93% or 16.00 points to 286.00 in late trade.

Biggest losers included Ciments Du Maroc (CS: SCM ), which lost 6.06% or 100 points to trade at 1550 in late trade. M2M Group (CS: M2M ) declined 6.00% or 30.00 points to end at 470.00 and Douja Prom Addoha (CS: ADH ) shed 5.99% or 1.00 points to 15.70.

Declining stocks outnumbered rising ones by 20 to 15 and 3 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.24% or 0.11 to $46.65 a barrel. Meanwhile, Brent oil for delivery in March rose 0.67% or 0.37 to hit $55.28 a barrel, while the February Gold Futures contract rose 0.60% or 7.70 to trade at $1291.80 a troy ounce.

EUR/MAD was down 0.30% to 10.8651, while USD/MAD fell 0.79% to 9.5320.

The US Dollar Index Futures was down 0.55% at 95.893.

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