Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Morocco shares lower at close of trade; Moroccan All Shares down 0.10%

Published 07/09/2017, 03:05 am
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.10%
MASI
-
GAZ
-
IBC
-
RIS
-
SNP
-
TIM
-
NAKL
-
BMC
-
PG
-
PHARM
-

Investing.com – Morocco equities were lower at the close on Wednesday, as losses in the Oil & Gas, Pharmaceutical Industry and Construction & Building Materials sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.10%.

The biggest gainers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 9.99% or 15.65 points to trade at 172.25 at the close. Risma (CS:RIS) added 4.91% or 8.00 points to end at 171.00 and Snep (CS:SNP) was up 4.77% or 32.50 points to 714.50 in late trade.

Biggest losers included Afriquia Gaz (CS:AGAZ1), which lost 5.73% or 169 points to trade at 2781 in late trade. Timar (CS:TIM) declined 2.99% or 7.35 points to end at 238.60 and Ennakl Automobiles SA (CS:NKL) shed 2.98% or 1.69 points to 55.00.

Advancing stocks outnumbered falling ones by 16 to 15 and 8 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.03% or 0.50 to $49.16 a barrel. Meanwhile, Brent oil for delivery in November rose 1.18% or 0.63 to hit $54.01 a barrel, while the December Gold Futures contract fell 0.41% or 5.46 to trade at $1339.04 a troy ounce.

EUR/MAD was up 0.04% to 11.1570, while USD/MAD fell 0.05% to 9.3709.

The US Dollar Index Futures was down 0.13% at 92.16.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.