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Morocco shares lower at close of trade; Moroccan All Shares down 0.45%

Stock Markets Jun 30, 2016 03:05
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© Reuters. Morocco shares lower at close of trade; Moroccan All Shares down 0.45%

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

At the close in Casablanca, the Moroccan All Shares declined 0.45%.

The biggest gainers of the session on the Moroccan All Shares were Taslif (CS:TSF1), which rose 6.00% or 2.40 points to trade at 42.40 at the close. Holcim Maroc SA (CS:HOL) added 6.00% or 132 points to end at 2332 and Stokvis Nord Afrique (CS:SNA) was up 6.00% or 1.38 points to 24.38 in late trade.

Biggest losers included Managem (CS:MNG), which lost 5.82% or 46 points to trade at 748 in late trade. Micro Data SA (CS:MIC) declined 4.41% or 6.00 points to end at 130.00 and Sonasid (CS:SOND) shed 3.87% or 17 points to 420.

Declining stocks outnumbered rising ones by 16 to 15 and 7 ended unchanged on the Casablanca Stock Exchange.

In commodities trading, Crude oil for August delivery was up 2.65% or 1.27 to $49.12 a barrel. Meanwhile, Brent oil for delivery in September rose 2.56% or 1.26 to hit $50.52 a barrel, while the August Gold contract rose 0.75% or 9.95 to trade at $1327.85 a troy ounce.

EUR/MAD was up 0.12% to 10.8620, while USD/MAD fell 0.16% to 9.7892.

The US Dollar Index was down 0.33% at 95.87.

Morocco shares lower at close of trade; Moroccan All Shares down 0.45%
 

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