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Morocco shares lower at close of trade; Moroccan All Shares down 0.12%

Published 10/06/2016, 03:05 am
Updated 10/06/2016, 03:05 am
© Reuters.  Morocco shares lower at close of trade; Moroccan All Shares down 0.12%

Investing.com – Morocco equities were lower at the close on Thursday, as losses in the Mining, Banking and Chemicals sectors propelled shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.12%.

The biggest gainers of the session on the Moroccan All Shares were Salafin (CS:SLF), which rose 5.97% or 42 points to trade at 754 at the close. Med Paper (CS:PAP) added 5.97% or 0.92 points to end at 16.32 and Afriquia Gaz (CS:AGAZ1) was up 5.06% or 103 points to 2135 in late trade.

Biggest losers included Stokvis Nord Afrique (CS:SNA), which lost 5.53% or 1.41 points to trade at 24.06 in late trade. Agma Lahlou-Tazi (CS:AGMA) declined 5.52% or 127 points to end at 2173 and Atlanta (CS:ATL) shed 4.86% or 2.36 points to 46.12.

Advancing stocks outnumbered falling ones by 19 to 16 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.54% or 0.79 to $50.44 a barrel. Meanwhile, Brent oil for delivery in August fell 1.22% or 0.64 to hit $51.87 a barrel, while the August Gold contract rose 0.79% or 9.95 to trade at $1272.25 a troy ounce.

EUR/MAD was down 0.26% to 10.9460, while USD/MAD rose 0.41% to 9.6715.

The US Dollar Index was up 0.45% at 94.01.

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