Morocco shares lower at close of trade; Moroccan All Shares down 0.05%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.05%
Credit: © Reuters. – Morocco equities were lower at the close on Wednesday, as losses in the Real Estate , Transport and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.05%.

The biggest gainers of the session on the Moroccan All Shares were Snep (CS: SNP ), which rose 10.00% or 8.36 points to trade at 91.96 at the close. Ennakl Automobiles SA (CS: NKL ) added 6.32% or 3.51 points to end at 59.00 and Dari Couspate SA (CS: DRI ) was up 5.95% or 82 points to 1458 in late trade.

Biggest losers included Lafarge Ciments (CS: LAC ), which lost 4.63% or 95 points to trade at 1955 in late trade. Stroc Industrie (CS: STR ) declined 4.05% or 2.39 points to end at 56.51 and Promopharm S.A. (CS: PRO ) shed 3.55% or 48 points to 1302.

Advancing stocks outnumbered falling ones by 23 to 18 and 6 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for June delivery was up 3.05% or 1.36 to $46.02 a barrel. Meanwhile, Brent oil for delivery in July rose 3.67% or 1.67 to hit $47.19 a barrel, while the June Gold contract rose 0.76% or 9.60 to trade at $1274.40 a troy ounce.

EUR/MAD was up 0.18% to 10.9860, while USD/MAD fell 0.18% to 9.6091.

The US Dollar Index was down 0.53% at 93.72.

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