Morocco shares lower at close of trade; Moroccan All Shares down 0.54%

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Morocco shares lower at close of trade; Moroccan All Shares down 0.54%
Credit: © Reuters.

Investing.com – Morocco equities were lower at the close on Friday, as losses in the Chemicals , Food Producers & Processors and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.54%.

The biggest gainers of the session on the Moroccan All Shares were Afriquia Gaz (CS: AGAZ1 ), which rose 4.89% or 130 points to trade at 2790 at the close. Label Vie (CS: LBV ) added 3.57% or 50 points to end at 1450 and Total Maroc SA (CS: TMA ) was up 2.74% or 40.0 points to 1500.0 in late trade.

Biggest losers included IB Maroc Com SA (CS: IBC ), which lost 4.22% or 3.88 points to trade at 88.02 in late trade. Taqa Morocco SA (CS: TQM ) declined 4.02% or 35.00 points to end at 835.00 and Jet Contractors (CS: JET ) shed 3.43% or 4.90 points to 138.10.

Declining stocks outnumbered rising ones by 15 to 15 and 9 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.66% or 0.30 to $45.94 a barrel. Meanwhile, Brent oil for delivery in August rose 0.77% or 0.37 to hit $48.23 a barrel, while the August Gold Futures contract fell 0.73% or 9.30 to trade at $1270.20 a troy ounce.

EUR/MAD was down 0.07% to 10.9310, while USD/MAD rose 0.06% to 9.7607.

The US Dollar Index Futures was up 0.27% at 97.21.

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