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Morocco shares lower at close of trade; Moroccan All Shares down 0.58%

Published 29/12/2018, 04:05 am
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.58%
MASI
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ADI
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Investing.com – Morocco equities were lower at the close on Friday, as losses in the Utilities, Holding Companies and Chemicals sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.58%.

The biggest gainers of the session on the Moroccan All Shares were BMCI (CS:BMCI), which rose 8.93% or 59 points to trade at 720 at the close. M2M Group (CS:M2M) added 6.72% or 31.50 points to end at 500.00 and Alliances (CS:ADI) was up 6.25% or 5 points to 85 in late trade.

Biggest losers included Total Maroc SA (CS:TMA), which lost 9.59% or 105.0 points to trade at 990.0 in late trade. Disway SA (CS:DWY) declined 8.94% or 27.00 points to end at 275.00 and Bmce Bank (CS:BMCE) shed 8.01% or 14.50 points to 166.50.

Declining stocks outnumbered rising ones by 37 to 18 and 4 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for February delivery was up 1.26% or 0.56 to $45.17 a barrel. Meanwhile, Brent oil for delivery in March rose 0.46% or 0.24 to hit $52.97 a barrel, while the February Gold Futures contract rose 0.06% or 0.80 to trade at $1281.90 a troy ounce.

EUR/MAD was up 0.20% to 10.9250, while USD/MAD rose 0.11% to 9.5462.

The US Dollar Index Futures was down 0.10% at 95.905.

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