👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

Morocco shares lower at close of trade; Moroccan All Shares down 0.55%

Published 29/05/2018, 03:05 am
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.55%
MASI
-
ADH
-
ADI
-
BOA
-
HPS
-
STR
-
BOISS
-
SP
-
LSI
-
RDS
-

Investing.com – Morocco equities were lower at the close on Monday, as losses in the Software & Computer Services, Forestry & Paper and Beverage sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.55% to hit a new 3-month low.

The biggest gainers of the session on the Moroccan All Shares were Residences Dar Saada SA (CS:RDS), which rose 2.12% or 2.50 points to trade at 120.50 at the close. Bmce Bank (CS:BMCE) added 1.89% or 3.90 points to end at 209.90 and Douja Prom Addoha (CS:ADH) was up 1.43% or 0.30 points to 21.30 in late trade.

Biggest losers included Hps (CS:HPS), which lost 6.01% or 117.00 points to trade at 1830.00 in late trade. Stroc Industrie (CS:STR) declined 5.55% or 2.35 points to end at 40.00 and Alliances (CS:ADI) shed 3.89% or 5 points to 126.

Declining stocks outnumbered rising ones by 11 to 8 and 13 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was down 2.08% or 1.41 to $66.47 a barrel. Meanwhile, Brent oil for delivery in August fell 1.52% or 1.16 to hit $75.31 a barrel, while the June Gold Futures contract fell 0.48% or 6.20 to trade at $1297.50 a troy ounce.

EUR/MAD was down 0.07% to 11.0680, while USD/MAD rose 0.10% to 9.5186.

The US Dollar Index Futures was up 0.16% at 94.36.

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.