Morocco shares lower at close of trade; Moroccan All Shares down 0.30%

  • Stock Market News
Morocco shares lower at close of trade; Moroccan All Shares down 0.30%
Credit: © Reuters. – Morocco equities were lower at the close on Friday, as losses in the Forestry & Paper , Hotels, Restaurants & Leisure and Beverage sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.30%.

The biggest gainers of the session on the Moroccan All Shares were Bmce Bank (CS: BMCE ), which rose 6.86% or 14.00 points to trade at 218.00 at the close. Oulmes (CS: OULM ) added 5.63% or 93 points to end at 1745 and Fenie Brossette (CS: FBR ) was up 5.56% or 7.00 points to 133.00 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 6.52% or 6.00 points to trade at 86.00 in late trade. Timar (CS: TIM ) declined 5.94% or 13.95 points to end at 221.00 and Brasseries Du Maroc (CS: SBM ) shed 5.57% or 126 points to 2136.

Advancing stocks outnumbered falling ones by 24 to 22 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.45% or 0.65 to $45.58 a barrel. Meanwhile, Brent oil for delivery in September rose 1.32% or 0.63 to hit $48.26 a barrel, while the August Gold Futures contract fell 0.19% or 2.34 to trade at $1243.46 a troy ounce.

EUR/MAD was down 0.09% to 11.0110, while USD/MAD rose 0.16% to 9.6491.

The US Dollar Index Futures was up 0.14% at 95.45.

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