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Morocco stocks lower at close of trade; Moroccan All Shares down 0.16%

Published 13/02/2016, 04:05 am
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 0.16%

Investing.com – Morocco stocks were lower after the close on Friday, as losses in the Mining, Hotels, Restaurants & Leisure and Real Estate sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.16%.

The best performers of the session on the Moroccan All Shares were Alliances (CS:ADI), which rose 10.00% or 5 points to trade at 53 at the close. Meanwhile, Fenie Brossette (CS:FBR) added 10.00% or 9.70 points to end at 106.70 and Stroc Industrie (CS:STR) was up 10.00% or 4.24 points to 46.64 in late trade.

The worst performers of the session were SMI (CS:SMI), which fell 5.99% or 134 points to trade at 2103 at the close. Taslif (CS:TSF1) declined 5.98% or 2.45 points to end at 38.47 and Managem (CS:MNG) was down 5.86% or 31 points to 496.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 24 to 23 and 8 ended unchanged.

Shares in SMI (CS:SMI) fell to 3-years lows; falling 5.99% or 134 to 2103.

Crude oil for March delivery was up 10.38% or 2.72 to $28.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 8.72% or 2.62 to hit $32.68 a barrel, while the April Gold contract fell 0.88% or 11.00 to trade at $1236.80 a troy ounce.

EUR/MAD was down 0.27% to 10.9170, while USD/MAD rose 0.46% to 9.7119.

The US Dollar Index was up 0.51% at 96.12.

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