Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Holding Companies, Chemicals and Real Estate sectors propelled shares lower.
At the close in Casablanca, the Moroccan All Shares declined 0.11% to hit a new 52-week low.
The biggest gainers of the session on the Moroccan All Shares were M2M Group (CS:M2M), which rose 9.99% or 42.95 points to trade at 472.95 at the close. Wafa Assurance (CS:WASS) added 5.09% or 229 points to end at 4729 and Lydec (CS:LYD) was up 4.72% or 26.90 points to 596.90 in late trade.
Biggest losers included Saham Assurance (CS:SAH), which lost 9.94% or 169 points to trade at 1531 in late trade. Disway SA (CS:DWY) declined 7.13% or 32.35 points to end at 421.05 and Delattre Levivier Maroc (CS:DLM) shed 5.99% or 9.70 points to 152.30.
Declining stocks outnumbered rising ones by 18 to 14 and 9 ended unchanged on the Casablanca Stock Exchange.
In commodities trading, Crude oil for August delivery was up 1.21% or 0.88 to $73.64 a barrel. Meanwhile, Brent oil for delivery in September rose 0.03% or 0.02 to hit $77.48 a barrel, while the August Gold Futures contract fell 0.33% or 4.20 to trade at $1251.90 a troy ounce.
EUR/MAD was up 0.07% to 11.0530, while USD/MAD fell 0.20% to 9.5382.
The US Dollar Index Futures was down 0.13% at 94.90.