3 months ago
Stock Market

Morocco stocks lower at close of trade; Moroccan All Shares down 0.83%

Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Utilities, Forestry&Paper and Real Estate

Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Utilities, Forestry&Paper and Real Estate sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.83%.

The best performers of the session on the Moroccan All Shares were Stokvis Nord Afrique (CS:SNA), which rose 8.93% or 1.25 points to trade at 15.25 at the close. Meanwhile, Saham Assurance (CS:SAH) added 3.70% or 50 points to end at 1400 and Jet Contractors (CS:JET) was up 3.14% or 10.05 points to 330.05 in late trade.

The worst performers of the session were Residences Dar Saada SA (CS:RDS), which fell 8.90% or 9.09 points to trade at 93.01 at the close. Stroc Industrie (CS:STR) declined 8.65% or 2.30 points to end at 24.30 and Auto Hall (CS:AUTO) was down 6.88% or 5.50 points to 74.50.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 26 to 16 and 6 ended unchanged.

Crude oil for January delivery was down 2.83% or 1.49 to $51.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.13% or 1.31 to hit $60.14 a barrel, while the February Gold Futures contract fell 0.31% or 3.90 to trade at $1243.50 a troy ounce.

EUR/MAD was up 0.06% to 10.8570, while USD/MAD rose 0.66% to 9.6127.

The US Dollar Index Futures was up 0.42% at 97.465.