1 month ago
Stock Market

Morocco stocks lower at close of trade; Moroccan All Shares down 0.68%

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Telecoms, Beverage and Real Estate

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Telecoms, Beverage and Real Estate sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.68%.

The best performers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 8.29% or 1.74 points to trade at 22.74 at the close. Meanwhile, Saham Assurance (CS:SAH) added 5.06% or 67 points to end at 1390 and Lesieur Cristal (CS:LESU) was up 2.13% or 2.95 points to 141.50 in late trade.

The worst performers of the session were Cartier Saada (CS:CRS), which fell 7.33% or 2.81 points to trade at 35.50 at the close. Oulmes (CS:OULM) declined 5.91% or 91 points to end at 1449 and Involys (CS:INV) was down 4.93% or 6.40 points to 123.50.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 20 to 13 and 7 ended unchanged.

Crude oil for March delivery was up 1.79% or 0.97 to $55.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.94% or 0.58 to hit $62.12 a barrel, while the April Gold Futures contract rose 0.81% or 10.65 to trade at $1326.15 a troy ounce.

EUR/MAD was up 0.15% to 10.9177, while USD/MAD rose 0.29% to 9.5255.

The US Dollar Index Futures was up 0.18% at 95.203.