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Morocco shares lower at close of trade; Moroccan All Shares down 0.68%

Published 01/02/2019, 04:05 am
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.68%
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Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Telecoms, Beverage and Real Estate sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares lost 0.68%.

The biggest gainers of the session on the Moroccan All Shares were Med Paper (CS:PAP), which rose 8.29% or 1.74 points to trade at 22.74 at the close. Saham Assurance (CS:SAH) added 5.06% or 67 points to end at 1390 and Lesieur Cristal (CS:LESU) was up 2.13% or 2.95 points to 141.50 in late trade.

Biggest losers included Cartier Saada (CS:CRS), which lost 7.33% or 2.81 points to trade at 35.50 in late trade. Oulmes (CS:OULM) declined 5.91% or 91 points to end at 1449 and Involys (CS:INV) shed 4.93% or 6.40 points to 123.50.

Declining stocks outnumbered rising ones by 20 to 13 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for March delivery was up 1.73% or 0.94 to $55.17 a barrel. Meanwhile, Brent oil for delivery in April rose 0.86% or 0.53 to hit $62.07 a barrel, while the April Gold Futures contract rose 0.82% or 10.75 to trade at $1326.25 a troy ounce.

EUR/MAD was up 0.13% to 10.9154, while USD/MAD rose 0.33% to 9.5293.

The US Dollar Index Futures was up 0.19% at 95.208.

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